Quantcast
Get breaking news alerts via email

Click here to manage your alerts
Mayor of Charlotte, N.C., indicted on corruption charges
First Published Mar 26 2014 12:34 pm • Last Updated Mar 26 2014 12:34 pm

Charlotte, N.C. • Less than six months on the job, the mayor of Charlotte was arrested and accused Wednesday of accepting more than $48,000 in bribes from FBI agents posing as real estate developers who wanted to do business with North Carolina’s largest city.

Mayor Patrick Cannon, a 47-year-old Democrat, faces theft and bribery charges, U.S. Attorney Anne Tompkins said. Cannon was accused of soliciting and accepting more than $48,000 in cash, airline tickets, a hotel room and the use of a luxury apartment as bribes.

Join the Discussion
Post a Comment

If convicted on all the charges, he faces 20 years in prison and more than $1 million in fines.

Cannon, a radio host and the owner of a parking management company, was elected mayor in November, replacing Anthony Foxx, who was named Transportation Secretary by President Barack Obama.

Telephone messages left for Cannon were not immediately returned Wednesday afternoon.

FBI agents posing as commercial real estate developers paid Cannon on five separate occasions between January 2013 and February 2014, according to the complaint. Cannon accepted cash in exchange for access to city officials responsible for planning, zoning and permitting.

On the last occasion, Cannon is accused of accepting $20,000 in cash in the mayor’s office, the complaint said.

The criminal investigation began in August 2010, when Cannon still held an at-large seat on the Charlotte City Council.

Cannon was first elected to City Council in 1993. He is also longtime radio show host who discusses local and national politics. In November, he defeated Republican challenger Edwin Peacock.

Cannon was also accused of accepting $12,500 from an undercover agent to help him develop a feminine hygiene product called "Hers" to be marketed and sold in the United States. In exchange, Cannon offered to help the undercover agent — posing as a business manager for a venture capital company — get the necessary permits to open a nightclub.


story continues below
story continues below

During the meeting, an undercover agent told Cannon: "You know, again whatever you can do to get our application moved up towards the top, uh, business license and things like that, that we need."

According to the complaint, Cannon responded: "Yeah, not a problem."

During his campaign, Cannon promoted plans to create jobs in a city of 760,000 people that has become one of the nation’s leading banking and energy centers.

Big banks helped drive Charlotte’s explosive growth over the past two decades. The city is home to Bank of America Corp., one of the nation’s largest banks by assets.

But the city’s financial institutions were hurt in the nation’s banking meltdown. Since 2008, Charlotte has lost thousands of good-paying financial services jobs.



Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment


About Reader Comments


Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Videos
Jobs
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.