Charged with corruption, fraud and conspiracy, Sharpe James (D) allegedly greased the way for co-defendant Tamika Riley to buy nine city lots. James, 72, and Riley, 38, don’t deny having had an extra-marital affair. Riley, a publicist who once owned a boutique, turned the properties she purchased from the city around quickly, making a nice return of $665,000 on her investment of $46,000. In the most extreme case, after she bought a lot for $2,000 in August, 2001, she sold it less than four months later for $130,000. Riley is charged with tax evasion, in addition to fraud and conspiracy.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=178052