Michael J. Malik, Herb Strather and a handful of other partners (people involved in a Detroit gambling syndication) were among those who failed to win licenses from the Michigan Gaming Control Board in 1999 following thorough and confidential background checks.
The following was reported about two of Michael Malik's partners on 4.27.99 in the Las Vegas Review Journal:
The following was reported about two of Michael Malik's partners on 4.27.99 in the Las Vegas Review Journal:
The Detroit News reported Sunday on its review of public records on the local investors.
It said companies owned by local investor group leaders Herb Strather and Nellie Varner of Detroit have paid taxes late, and the U.S. Department of Housing and Urban Development cited a real estate company they own for several violations.
A bad real estate deal in 1986 led to the foreclosure of nearly 40 properties. This month, HUD issued five violations against a Detroit apartment building they own; courts have awarded their tenants about $750,000 in negligence claims.
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