DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
Reading: Dallas Developer Pleads Guilty to Bribing City Officials in Real Estate Scheme
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > DFW Real Estate News > Dallas Developer Pleads Guilty to Bribing City Officials in Real Estate Scheme
DFW Real Estate News

Dallas Developer Pleads Guilty to Bribing City Officials in Real Estate Scheme

2 Min Read
SHARE
Source: KATRIN BOLOVTSOVA / pexels.com

Sherman Roberts, a real estate developer from Dallas, pleaded guilty to bribing two former city officials. He did this to get support for his apartment projects, according to federal authorities. Roberts, 70, used to be the president of City Wide Community Development Corporation. He admitted to paying bribes.The bribes were given to former Dallas Mayor Pro Tem Dwaine Caraway. He also paid bribes to former City Council Member Carolyn Davis.

Source: Sherman Roberts (right) and Dwaine Caraway (Facebook, Getty)

In return, Davis lobbied for Roberts’ projects, including Serenity Place, Runyon Springs, and Patriot’s Crossing. She pushed for low-income housing tax credits and voted to approve a $1.9 million loan for Serenity Place. Court records reveal Roberts texted Davis shortly after the vote, celebrating their financial gain. About a month later, Davis demanded more money, which Robert agreed to provide.

Roberts collaborated with Caraway to prevent any competing bids for development and secure the Patriot’s Crossing project for cash payments and a monthly stipend. In 2019, Caraway was convicted of conspiracy and tax evasion, receiving a prison sentence exceeding four years; Davis had already pleaded guilty to bribery but died before his own sentencing.

Roberts now faces up to five years in federal prison, with sentencing scheduled for March 2025. His case is part of a broader bribery scandal involving multiple developers, including Devin Hall and Russell Hamilton, both of whom also faced charges for similar schemes.

Missy Woehr Joins Briggs Freeman Sotheby’s, Museum Tower Sales Team
SEC Names New Director of Fort Worth Regional Office
Vickery Place Tudor With Loads Of Charm For $525K
The Mortgage Report: What Effects Will The Government Shutdown Have on Mortgages?
With Views to Kill, Unit 19F Shows The Art of War(rington)
TAGGED:Bribery CaseCity Officials CorruptionDallas DeveloperReal Estate ScandalSherman Roberts
Share This Article
Facebook Email Copy Link Print
Previous Article How to Sell Your House in Minneapolis Without Commissions and Hidden Fees
Next Article Sales Are Brisk at Luxury Oak Cliff Development Kessler West
Make us a preferred source on Google
Real Estate Guest Post
Real Estate Guest Post on Daltx

Popular News

Dallas

What Can You Get For May’s Median Home Price? You Might Be Surprised

BEFORE AND AFTER: In Fort Worth’s Park Hill, A Vintage Home Gets Great Updates

You Can Find a Luxury Detached Downtown Fort Worth Townhouse Under $1M

Find Next-Level Luxury in Frisco With an Owner’s Suite You’ll Fall in Love With

Lawn Mower Belt Replacement: Where to Find Quality Lawn Mower Belts

DALTX Real Estate

DALTXRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Contact Us
  • Real Estate Glossary
  • Buy our ebook

Categories

  • Home Buying Tips
  • Home Selling Tips
  • Commercial Real Estate
  • Residential Real Estate
  • Home Maintenance
  • Texas Real Estate
  • Home Design
  • Real Estate Investment

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post
  • Paid Guest Post Submission
  • Link Insertions

Policies

  • Advertising & Sponsored Content Disclosure
  • Corrections Policy
  • Editorial Policy
  • Ethics Policy
  • Feedback Policy
  • Ownership & Funding
  • Privacy Policy
  • Terms of Service
  • Refund Policy
© DALTX. All Rights Reserved.