Billy Corben Instagram – New documents reveal Miami Mayor Ponzi Postalita Francis Suarez was secretly paid at least $200,000 — more than previously known — to exploit his public office for private profit by scandal plagued developer Rishi Kapoor, and the mayor was recently subpoenaed by the SEC in fraud case against Kapoor #BecauseMiami
The secret $10,000 a month gig is just one of 15 side hustles, riddled with conflicts of interest, for the part-time mayor who gets $130,000 from the city — plus $1 million in security theater that takes police off the street to attend parties and fundraisers.
Suarez’s net worth exploded from NEGATIVE $100,000 when elected city commissioner in 2009 to $4 million today. Since elected mayor in 2017, he has QUINTUPLED his wealth — DOUBLING it each year for the last two years.
Last year, Kapoor’s world crumbled into foreclosures, fraud allegations, and investigations by the FBI, SEC and IRS. His shady dealings are connected to at least three local mayors: Suarez, @MayorVinceLago of Coral Gables, and @MayorBovo of Hialeah.
Miami Herald: Kapoor hired Suarez in July 2021 to help push legislation beneficial to a $70 million Coconut Grove project. The next month, the two had a secret meeting at the Cocoplum Yacht Club on Kapoor’s yacht “in which Suarez spent two hours with Kapoor in what appears to be his mayoral capacity at a time he was also on the developer’s payroll… The details of Suarez’s contract, and in particular its start date, are more broadly relevant as Miami-Dade County ethics officials, state prosecutors and federal authorities, including the FBI, investigate whether the mayor misused his public office for private gain.”
According to records, Kapoor met with Suarez and city manager @artnoriega to discuss a zoning hurdle that, without a waiver, would have required an expensive redesign. Later, with the help of the mayor’s office, Miami Zoning Director Daniel Goldberg changed his position on the matter, saving Kapoor millions of dollars. | Posted on 07/May/2024 23:50:13
