Ray Nagin Is In Trouble. Again. Dallas Real Estate News Blast From the Past

Published February 13, 2012 by Candy Evans

Remember Clarence Ray Nagin? How can we forget. Reuters is reporting that former New Orleans mayor Ray Nagin is being investigated by federal authorities for allegedly receiving favors or items of value from vendors under city contracts. Nagin was the mayor of New Orleans when Hurricane Katrina hit back in 2005, and was highly criticized for the way he handled the disaster while he criticized help from D.C. The Daily Beast says Nagin is reportedly cooperating with both the FBI and the U.S. Justice Department. And he says the charges are three years old, he welcomes a chance to finally deal with them. Nagin left office in 2010 amid speculation he could face corruption charges. His former associate and close personal friend pleaded guilty to conspiracy to defraud the city.

Nagin also owns a condo in Frisco — north of Lebanon Parkway, built by D.R. Horton, which he once referred to as a “modest second hurricane home” since hus wife apparently has family in the Dallas area. They bought the home May 31, 2007 when it was valued at $181,968. Problem was, Nagin didn’t pay his homeowners dues/HOA fees of $1507.14. In March, 2009, the Casa Bella Owners Association filed suit again Nagin for past due moola.

— Daily Local Real Estate Dish By Dallas Real Estate Insider — Candy Evans at CandysDirt.com