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Dwaine Caraway Pleads Guilty to Federal Corruption Charges-Resigns From Council-Dallas, TX

Dwaine Caraway Pleads Guilty to Federal Corruption Charges-Resigns From Council-Dallas, TX

Dwaine Caraway Pleads Guilty to Federal Corruption Charges-Resigns From Council-Dallas, TX 150 150 Rex Securities Law

August 2018-Dallas, Texas

The Dallas Morning News reports that Dallas Mayor Pro Tem Dwaine Caraway has pleaded guilty to federal corruption charges filed in Dallas federal court last week.

Caraway, 66, has resigned from the Dallas City Council admitted to accepting $450,000 in bribes and kickbacks from Bob Leonard and Slater Swartwood, Sr. Leonard owned a company that sold cameras to be used as safety devices on school busses to the Dallas County Schools (DCS) system.

According to local press Leonard is CEO of Force Multiplier Solutions, a company that collected tens of millions from DCS. Swartwood is a Louisiana real estate consultant involved in a $25 land deal at DCS and allegedly was Leonard’s personal real estate consultant.

A committee appointed to shut down the financially strapped DCS has filed a lawsuit against individuals and companies it says led to the bus agency’s demise. A conspiracy to create an illegal enterprise is alleged. Included in the list of defendants are former head of DCS, Rick Sorrells, Bob Leonard and Dwaine Caraway. According to the suit, the defendants cost taxpayers more than $125 million.

Swartwood, 75, pleaded guilty to money laundering in exchange for his possible testimony in the FBI investigation of the corruption of DCS.

Sorrells pleaded guilty to wire fraud in April 2018 and admitted to taking more than $3 million in bribes and kickbacks in exchange for approving $70 million in contracts.

Caraway is scheduled to be sentenced in December 2018 and faces seven years in federal prison.

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