Ex-Township Leader To Pay Restitution For Real Estate Fraud
A former township supervisor in western Michigan will serve five years' probation and pay restitution for misusing money in a real estate deal.
MLive.com reports ex-Plainfield Township official Jay Spencer was sentenced Tuesday in Grand Rapids on a charge of illegally engaging in private banking.
He was ordered to pay $36,000 in restitution.
Court records show Jolan Jackson of Grandville invested $241,000 in 2011 with Spencer's Mackinac Realty Group to buy, renovate and sell homes.
Authorities say Spencer used as much as $40,000 on non-business-related items including personal expenses.
He apologized to Jackson in court and promised to pay the restitution quickly.
A 2016 larceny charge was dismissed. Prosecutors later charged him with embezzlement and false pretenses.
Spencer didn't seek re-election as supervisor in 2016 and left office that year.