Embezzler given tax break, then arrested
This undated photo provided by the Michigan Department of Corrections shows Richard A. Short. Michigan Department of Corrections spokesman Russ Marlan confirmed that RASCO CEO Short was arrested Wednesday. (AP photo)
By KATHY BARKS HOFFMAN
Associated Press Writer
LANSING — A convicted embezzler who snagged a $9.1 million business tax credit from the state of Michigan was arrested Wednesday on a parole violation, a day after he appeared on stage with Gov. Jennifer Granholm as she announced the credits.
RASCO CEO Richard A. Short, 57, was arrested by Department of Corrections officers and state police, Corrections Department spokesman Russ Marlan said.
Authorities say they arrested Short after realizing the company CEO he may have violated his parole by not informing the Corrections Department he had a job. Short owes $96,000 in restitution from fraud convictions, money he should be paying if he’s working, Marlan said.
Short shared the stage Tuesday with Gov. Jennifer Granholm as she introduced the leaders of companies awarded $55 million in tax credits. She said RASCO — short for Renewable and Sustainable Companies LLC — planned to invest $18.
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