Home » Business » Kilpatrick Family Finances: Prosecutors Seek $36K in Taxes

Kilpatrick Family Finances: Prosecutors Seek $36K in Taxes

by Priya Shah – Business Editor

Feds Uncover Cash in Ongoing Financial Pursuit Linked to⁢ Kwame Kilpatrick‘s family

Fayetteville,Georgia – Federal prosecutors pursuing⁤ financial recovery in the wake of Detroit’s sprawling public corruption scandal have⁢ recently uncovered assets,including $6,704‌ in a Michigan Treasury Department account belonging to former Mayor Kwame ⁣Kilpatrick,and are actively seeking funds from members of his inner circle.the efforts represent a continuing attempt to recoup millions in unpaid taxes and restitution owed ‌to Detroit ‌taxpayers stemming from one of ⁢the largest public corruption cases in U.S. history.

The ongoing financial investigation, ⁢which includes targeting bank accounts and ⁣garnishing ⁤wages, highlights the long ⁢reach of the Kilpatrick scandal even ⁢after the former ⁣mayor’s sentence was ⁤commuted by President Donald trump in 2021.Prosecutors‍ are⁢ focused on recovering funds from those closest to‍ Kilpatrick, including ex-Detroit Treasurer Jeffrey Beasley and ‍former city contractor Bobby Ferguson.

In recent months, prosecutors secured court approval to ‌indefinitely seize 25% of Beasley’s paychecks. They are also pressing Ferguson⁢ to increase⁣ monthly ‍payments to satisfy over $2.6 million in restitution. Eleven months ago, a judge ​authorized the seizure of the $6,704 found in Kilpatrick’s Michigan Treasury account. However, there has been no public record of further⁣ collection efforts directed at Kilpatrick ‌himself since his​ sentence was commuted.

The ⁣investigation also extended to a $452,200 rental home in Fayetteville, Georgia, 21 miles south of Atlanta, but​ attempts to reach the property owner ⁢for comment⁢ were unsuccessful.

Prosecutors have been actively investigating the finances of individuals connected to Kilpatrick, seeking to recover funds related to the corruption scandal that plagued Detroit for ⁣years. This includes Jeffrey Beasley, a former Detroit Treasurer, ⁣and Bobby Ferguson, an ex-city contractor.

rsnell@detroitnews.com

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