Friday, September 30, 2011

One of Detroit Casino Syndicator Mike Malik's 'babies'

Mike Malik's 'Lil Rascal' on Cover
"Since The Beginning: Mayea Boats," a book first published in April 2008 and available on Amazon.com features the "Lil' Rascal," a luxury Mays Craft boat reportedly owned by Detroit casino syndicator Michael Malik.
This book tells the historic tales of the four-generation Mayea family, retracing their wooden boat building career from the early 1900s to today. For the first time this fully illustrated book reveals never before seen pictures and recounts the Mayea's involvement with renowned boat builders like John L. Hacker and Joseph Pouliot, as well as airplane designers such as, Alfred Verville and the Wright brothers.
A review of various news archives and boat owner discussion threads suggests that Malik has an obsession with Mayea built Mays Craft mahogany boats. The Lil' Rascal is apparently one of the more special of Malik's Mayea built boats. In addition to being featured on the cover of this Mayea history book, it's also featured in a photo gallery on Mayea's website. Another Mayea built boat, Temptation, is the crown in Malik's obsession collection.  Ironcially another Mays Craft boat reportedly owned by Malik is the Obssession.

Even while Malik, a Detroit based syndicator, was delinquent on property taxes, his wife’s house in foreclosure, he was tangled up in a ponzi scheme and defaulting on a $1 million line of credit, he was spending millions “investing” in a growing collection of luxury Mays-Craft mahogany boats built or restored to his personal specifications.

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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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