© 2025 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

RASCO owner faces charges of fraud against the state

By Rick Pluta, Michgan Public Radio Network

http://stream.publicbroadcasting.net/production/mp3/wkar/local-wkar-931115.mp3

LANSING, MI –
A convicted embezzler who talked state official into giving a multi-million dollar tax break is facing new criminal charges. We have more from Michigan Public Radio's Rick Pluta.

AUDIO:
The episode was an embarrassment for Governor Granholm and the Michigan Economic Development Corporation - even through Richard Short never got the chance to cash in on the nine million dollar tax break.

Genessee County Prosecutor David Leyton says it appears Short created a sham corporation and used fake documents and big promises to win state backing. He says even though no money changed hands, Short could have used the state's promise to swindle investors.

"The evidence indicates a massive con job by the defendant, Mister Short, against the people of Michigan," he says.

Short is already in jail awaiting trial on separate embezzlement charges. Leyton is the Democratic candidate for state attorney general against Republican nominee Bill Schuette.

Together we’ve already reduced WKAR’s $1.6 million budget gap created by the loss of federal funding. With your sustaining support we can close the remaining $500,000 gap and keep trusted public media strong for mid-Michigan. The best way to support WKAR is to become a sustainer. Already a sustainer? Please consider upgrading your current monthly gift.