Now he’s back in trouble.
Kilpatrick is facing federal civil charges for taking part in an “influence-peddling” scheme involving the city’s public employee pension funds.
According to the Associated Press, the Securities and Exchange Commission says Kilpatrick and ex-city treasurer Jeffrey Beasley received $125,000 in private jet travel and other perks from an investment firm. The SEC says that was in exchange for getting the city’s pension fund to make an investment favoring the firm.
A civil lawsuit was filed against the former politician. He maintains he’s innocent.
“I truly believe that all of the entities involved in these `so-called’ investigations know that I have done absolutely nothing wrong,” Kilpatrick said in a Facebook message.
The charges stem from an investment deal in 2006 and 2007. MayfieldGentry Realty Advisors asked the pension funds’ trustees, which Kilpatrick and Beasley were among, to invest $117 million in a real estate investment trust controlled by the fund.
Kilpatrick and his father are also being accused of taking bribes to steer city business to certain contractors. Their trial is set for September.