A Massachusetts mayor who was first elected at age 23 was arrested Thursday and charged with defrauding investors in a company he formed out of more than $230,000 and using the funds to enhance his political career and pay for a lavish lifestyle, federal prosecutors said.

A newly unsealed 13-count indictment charges Jasiel Correia, the Democratic two-term mayor of Fall River, with wire fraud and filing false tax returns.

Phone and email messages left with Correia’s office were not immediately returned.

Massachusetts Mayor Faces Federal Fraud Charges

by The Associated Press time to read: <1 min
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