While Detroit casino syndicator Michael Malik is delinquent on property taxes, his wife’s house is in foreclosure, he’s tangled up in a ponzi scheme and defaulting on a $1 million line of credit, he chooses to spend millions “investing” in luxurious Mays-Craft mahogany boats reportedly built or restored to his personal specifications. Why? The ego-boost of being in that "exclusive club" of Mays Craft boat owners.
Mays-Craft Boats Owned by Michael Malik or his Affiliates
Boat | Details |
Lil’ Rascal | 25’ mahogany craft. 377-horsepower MerCruiser engine |
Obsession | 25’ mahogany craft. |
Temptation | 47’ mahogany craft. Twin Seatek diesel engines ($150,000 each). Custom features: ostrich & mustard leather seats, granite countertops, a hand-pounded sunken brass sink, mahogany liquor cabinets, Burma teak flooring inlaid with black walnut. Value: $3,000,000. |
Sea Stag II | 38’ mahogany craft. Previously owned by Fess Parker & James Dean. |
Commissioned | 37’ mahogany craft. |
Future commission | 60’ mahogany craft. |
See also:
- Tribe's former chairman now skippers casino syndicator's luxury fishing boat
- The "Gabby:" a Malik family Sea Ray built sport yacht?
- EDITORIAL: The first of Mike Malik's failed attempts to develop a Marina on Harsens Island
- Former casino partners formed Renegade Charters LLC
- Ilitch Casino Partner's $3 Million Temptation
- Ilitch Partner Spends Millions buying his way into Exclusive Club: Mays Craft Boat Owners
- Casino Syndicator Mike Malik owns boat slips adjacent to Detroit's Bayview Yacht Club
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