Ray Nagin Indicted on 21 Corruption Charges, Still Viva in Frisco

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Casa-Bella-Ray-Nagins-TH-533x400That’s the Casa Bella condo of former New Orleans mayor Ray Nagin in Frisco — north of Lebanon Parkway, built by D.R. Horton, which he once referred to as a “modest second hurricane home”. He and his wife bought the home May 31, 2007 when it was valued at $181,968, saying they had family in the area. Problem was, in 2009, Nagin didn’t pay his homeowners dues/HOA fees of $1507.14. In March, 2009, the Casa Bella Owners Association filed suit again Nagin for past due moola. He said he would make it right, and he did. Looks like the house is now worth about $168,000, at least according to the Collin County Appraisal District, and he has paid up those HOAs.

But… now Nagin faces problems far worse than unpaid HOA dues: Nagin has been indicted by a grand jury on 21 federal corruption charges claiming he awarded lucrative city contracts to contractors in exchange for more than $200,000 in kickbacks and first-class trips to Hawaii, Jamaica and Las Vegas.

(Wonder where he went in Hawaii? I hope Kukio.)

The 56 year old served two four-year terms as mayor, from 2002 to 2010. If convicted,  he faces more than 15 years in prison. Nagin now has the dubious honor of being the first mayor in the city’s 295-year history to be indicted under federal corruption charges.

Here is what he is accused of doing — accused, y’all remember, jury’s still out:

– Taking $70,000 in bribes from a consultant who was awarded a couple dozen public works contracts with the city. Now that was totally worth it NOT…

– Got an all expense paid trip to Hawaii for himself and his family then went to Jamaica first-class courtesy of a contractor. Again, where did he go before I can surmise if this was worth it?

– Got a free private jet trip to both Chicago and Las Vegas from another contractor — a private jet is hard to turn down. Yeah, I might could be bribed for use of a private jet but I’d take the private jet to Hawaii.

– Oh Lord — this is bad — used city deals and his influence to enrich his New Orleans-based family granite supply company — what, did they put granite counters in every public bathroom?

Nagin was The Cable Guy. He came to office in 2002 promising sweeping changes and corruption fighting. Then Hurricane Katrina popped, or rather blew him into the national spotlight in 2005, when he criticized federal agencies and then President Bush for not doing enough to help New Orleans, which was pretty much devastated. But then the criticism turned back onto him, especially when it was revealed he came here to Dallas to wait out the storm. Still, headscratcher here, strong support from black voters helped Nagin win re-election in 2006.




Candy Evans

A real estate muckraker, Candy Evans is one of the nation’s leading real estate reporters. She is also the North Texas real estate editor for Forbes.com, CultureMap Dallas, Modern Luxury Dallas, & the Katy Trail Weekly. Candy has written for Joel Kotkin’s The New Geography, Inman Real Estate News, plus a host of national sites. Constantly breaking celebrity real estate news, she scooped former president George W. Bush's Dallas home in 2008. She is the founder and publisher of her signature CandysDirt.com, and SecondShelters.com, devoted to the vacation home market. Her verticals have won many awards, including Best Blog by the venerable National Association of Real Estate Editors, one of the nation’s oldest and most prestigious journalism associations. Candy holds an active Texas real estate license but does not sell. She is on the Board of Directors of Braemar Hotels & Resorts (BHR).

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