Michael J. Malik, Sr., has entered into a Settlement Agreement filed in Florida Federal Court in which a court appointed Receiver (Michael I. Goldberg) contends Malik received $620,000 in fraudulent transfers. Under terms of the Agreement, Malik has twelve months to repay the Receivership or face further penalty.
The case against Malik (Goldberg v. Malik) stems from a $300 million ponzi scheme case the SEC brought against one-time concert promoter John P. Utisck (Jack Utsick) and his affiliates including Worldwide Entertainment.
Court records indicate Bruce Glatman, believed to be a California resident, was the matchmaker who brought Malik together with then Florida-based Utsick. Utsick has since taken asylum in Brazil. It's not clear how Glatman came to know Malik or the scope of other dealings between Glatman and Malik.
Malik's primary business attorney William Serwer was also involved in the transactions that resulted in the fraudulent transfers.
Malik has been the gambling and casino development partner of Detroit's Marian Ilitch for more than a decade. They bankrolled efforts during the 1990s to legalize gambling in Detroit. She is now sole owner of Detroit's MotorCity Casino.
Mrs. Ilitch and her husband Mike Ilitch are co-founders of Little Caesar's Pizza and owners of the Detroit Red Wings hockey franchise. Mike Ilitch owns the Detroit Tigers baseball team.
It's all verifiable: archives, resources and stuff they might not tell you.
A comprehensive archive chronicling the activities of Motor City casino syndicators (Marian Ilitch & Family, Michael Malik, Herb Strather, etc.); their associates, partners & affiliates; and the unfulfilled commercial & Indian casino schemes they are bankrolling in Michigan (Port Huron, Flint Township), Hawaii (Waikiki), New York (Long Island / The Hamptons), and California (Barstow).
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TVT, founded in December 2006, has averaged more than 20,000 visitors annually. It is produced with the support of scores of individuals from coast-to-coast, each a volunteer citizen activist/jounalist, who review tips and compile the verifiable details and documents that are the hallmark of our content.
Since our first post, more than 178,000 visitors have accessed the details compiled uniquely at TVT.
The citizen activists behind TVT wish to extened a big "THANK YOU" to all those who have provided "tips" -- contributed pictures, documents, link suggestions, leads, reports, insight and comments. Your trust and confidence in TVT has allowed us to create a comprehensive resource that thousands of others -- including bloggers, journalists, Members of Congress and other local citizen activists around the country -- have come to rely upon.
We invite feedback and constructive comment and want you to know you are welcome to do that here in "comments" or by contacting us directly and confidentially via allverifiable@gmail.com
Since our first post, more than 178,000 visitors have accessed the details compiled uniquely at TVT.
The citizen activists behind TVT wish to extened a big "THANK YOU" to all those who have provided "tips" -- contributed pictures, documents, link suggestions, leads, reports, insight and comments. Your trust and confidence in TVT has allowed us to create a comprehensive resource that thousands of others -- including bloggers, journalists, Members of Congress and other local citizen activists around the country -- have come to rely upon.
We invite feedback and constructive comment and want you to know you are welcome to do that here in "comments" or by contacting us directly and confidentially via allverifiable@gmail.com
Google News: Indian Gaming
- Ernie Stevens Jr. Re-Elected as Chairman of the Indian Gaming Association - Native News Online - 4/3/2025
- PUBG maker Krafton acquires Indian gaming studio - Tech in Asia - 3/28/2025
- IGA: Casinos becoming more data driven - CDC Gaming - 4/3/2025
- Oklahoma: Comanche Nation Entertainment names new GMs - CDC Gaming - 4/3/2025
- Indian Gaming Association sets legislative agenda in Board of Directors meeting - Yogonet - 4/3/2025
NEWS: Bay Mills Indian Community & Casino Proposals
- Bay Mills Indian Community to build solar array with $17.3M grant - WPBN
- Easter Brunch Buffet - SooToday.com
- Bay Mills Indian Community gets $106k grant for Firekeeper’s Lodge construction - 9&10 News
- Bay Mills Resort and Casino Temporarily Closed Due to Electrical Fire - 9&10 News
- Bay Mills Indian Community Cultural Center Vandalized - 9&10 News
NEWS: Shinnecock Indian Nation (Gateway Casino Resorts) Casino Proposals
- 76,000-square-foot casino would be the first on Shinnecock tribal land - Newsday
- Shinnecock Nation loses sovereignty bid - Indianz.Com
- 🌱 Westhampton-Hampton Bays Daily: Shinnecock Nation Casino Hopes - Patch
- Slower inflation, lower home prices, pot sales and a Nassau casino? What 2023 holds for the Long Island economy - Newsday
- EXPRESS SESSIONS: Shinnecock Officials, Local Lawmakers Examine Nation's Economic Development Efforts - 27 East
NY Times: Shinnecock Indian Nation
- Where a Tribe’s History Comes to Life - 5/26/2013
- In Shift, Interior Dept. May Allow Tribes to Build Casinos Far From Reservations - 6/15/2011
- Belmont Casino Plan Could Aid Islanders - 5/11/2011
- Spare Times - 9/3/2010
- Court Blocks New York Tax on Tribal Cigarette Sales - 9/2/2010
NEWS: Los Coyotes Indian Tribe
- REGION: Barstow city leaders, Los Coyotes tribe see mutual benefit in casino - San Diego Union-Tribune
- Couple, White Car Found in Warner Springs: Police - NBC 7 San Diego
- Warner Springs Woman Accused of Killing Sister: SDSO - NBC 7 San Diego
- REGION: Tiny tribal police department tackles big obstacles - San Diego Union-Tribune
- Woman fights to recover after weeks in wilderness - CBS News 8
NEWS: Los Coyotes / Barwest Barstow Casino Proposals
- REGION: Barstow city leaders, Los Coyotes tribe see mutual benefit in casino - San Diego Union-Tribune - 7/31/2011
- Barstow touts casino as cure for joblessness - Inland Valley Daily Bulletin - 7/27/2011
- City economic development head retires - VVdailypress.com - 12/8/2011
- PROP. 48: Casino measure could have wide-ranging effects - The Press-Enterprise - 10/12/2014
- California Indian casino fight has implications for Nevada - Las Vegas Review-Journal - 10/25/2014
NEWS: Michael J. Malik, Sr.
- No casino and resort coming to Oneida Nation of the Thames - CTV News
- Alleged drug gang leader refuses to leave his Honolulu cell - Honolulu Star-Advertiser
- Fire Destroys Shinnecock Gaming Authority Trailer - ICT News
- These are the 10 most on-time airlines in the world for 2024 - Detroit News
- Former Partner: Albany Businessman Expressed Interest in Binghamton Spot for Casino Bid - Spectrum News
NEWS: Marian Ilitch
- Forbes 400: Michigan billionaires' rankings shift in 2024 - Manistee News Advocate
- Bid to launch women's DI hockey at Michigan moving forward - The Detroit News
- Ilitch family revives its first historic Detroit building in 30 years - Bridge Michigan
- Mike Ilitch, Little Caesars Founder, Detroit Tigers And Red Wings Owner, Dies - NPR
- Fans leave messages for 'king of Detroit' Mike Ilitch outside Comerica Park - MLive.com
Muckety.com: Mapping Social Networks
Play with the interactive tool here or visit Muckety.com
TIP: Search for multiple entries in the Muckety.com database simultaneously by separating their names with the word and
certainly must reads!
● Ilitch has backed loosing sports teams and pizza, but casinos in Detroit? Forbes.com 10.09.06 ● Marian Ilitch #1 on "25 Most Powerful People" to Watch 2006” global gaming business o1.oo.o5 ● My Kingdom for a Casino Forbes 05.08.06 ● Big Lagoon’s casino dream awakens north coast journal 07.28.05 ● Shinnecocks launch legal claim to Hamptons land newsday.com 06.16.05 ● Ilitch Plans to Expand Casino Empire RGTonline.com 07.05.05 ● Ilitch outbids partners MichiganDaily.com 04.14.05 ● Ilitch enmeshed in NY casino dispute detnews.com 03.20.05 ● Marian Ilitch, high roller freep.com 03.20.05 ● MGM Mirage to Decide on Offer for Casino in Detroit rgtonline.com 04.16.05 ● Secret deal for MotorCity alleged freep.com 02.15.05 ● Los Coyotes get new developer desertdispatch.com 02.08.05 ● Detroit casino figure to finance Barstow project LasVegasSun.com 07.07.03 ● Indian Band trying to put casino in Barstow signonSanDiego.com 06.04.03 ● Pizza matriarch takes on casino roles detnews.com 10.23.02 ● Vanderbilt gets short straw in negotiations for a casino Lansing Journal 10.06.02 ● Indians aim to drive family from tribe in vicious dispute san diego union tribune 04.09.00 ●Malik owns 2000 Michigan Quarter Horse of the Year Michigan.gov 01.01.00 ● Detroit Team to run Michigan’s newest Indian casino detnews.com 05.23.99 ● Tiger ties tangle Marian Ilitch detnews.com 04.29.99 ● Three investors must sell their Detroit casino interests gamblingmagazine.com 04.25.99 ● Partners’ cash revived election; They say money was crucial to Prop-E detnews.com 04.25.99 ● Investors have troubled histories las vegas review journal 04.27.99 ● Investor served probation for domestic assault on 12 year old boy detnews.com 04.25.99 ● Can a pair win a jackpot?: local men hope to... crainsdetroit.com 03.17.97
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The Verifiable Truth
- Controversial Casino Agent Michael J. Malik is a Police Reservist?
- Barstow Official Suggests Indian Casino There May Be Part of Obama Legacy
- Property in Downtown Detroit with a history of Ilitch Ownership
- Despite A Hiatus, TheVerifiableTruth.com has welcomed 187,000 Visitors
- Waikiki Casino Advocates: An Unlikely Coincidence or In Cahoots?
1 comment:
Interesting.. as I believe Jack Utsick is innocent. Provider of many jobs and maker of many dreams. His investors had faith in him and always were compensated with value. Bruce Glatman stole my house... It was just bought by an affiliate in his group. The frauds are not in Jack Utsick but the ones who stole his company after this set up. I hope it gets investigated.
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