Excerpts from a 4.26.99 article published in the Las Vegas Sun:
- Circus Detroit partners under scrutiny
DETROIT -- As state investigators probe the suitability of those seeking to run casinos here, a newspaper says some investors in the Atwater/Circus Circus group have troubled histories...
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...
Investor Michael Malik of Grosse Pointe was arrested in 1997 and accused of hitting his girlfriend's 12-year-old son, the newspaper said. The child is now Malik's stepson, but the boy's biological father is seeking custody. The charge was dropped after Malik served one year of probation and met conditions set by the judge...
Strather, Varner, Malik and Thomas Celani, along with minor investors James Blain and J. Ronald Slavik, are accused in lawsuits of fraudulently cutting two other developers out of the Atwater Group, the News said. They deny the allegations, which are pending in courts in Wayne and Oakland counties.
Also, Varner's adopted daughter, Janniss Scott Varner, is accused of attempted murder in an alleged shooting in Nellie Varner's garage... (See: Original Article)
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