March 17, 2010
Convicted embezzler given tax break, then arrested
Kathy Barks HoffmanA convicted embezzler who snagged a $9.1 million business tax credit from the state of Michigan and appeared on stage with Gov. Jennifer Granholm has been arrested on a parole violation.
Michigan Department of Corrections spokesman Russ Marlan confirmed that RASCO CEO Richard A. Short was arrested Wednesday.
The 57-year-old Short shared the stage Tuesday with Granholm as she as she introduced the leaders of companies awarded $55 million in tax credits.
Authorities say they arrested Short after learning he was the CEO of a company and had not told his parole officer he was working. He owes $96,000 in restitution from fraud convictions.
Short did not respond to phone messages seeking comment.
The Associated Press