DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With 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
  • Contact Us
  • About
  • Advertise With Us
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With 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.

Texas Pride Realty Agent Bob McCranie Is Helping LGBTQ+ Texans Flee The State
This Forest Hills Home is Fully Transformed for Leisurely Living
Calling All Wannabe Hosts with the Mosts – Don’t Miss This Open House Sunday
Dallas Developer Plans 28-Story Tower in Oak Lawn, Replacing 1960s Condos
Compass Agent Michelle Hopson Defines Dedication in Real Estate
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 Transform Your Home with DIY Art: A Paint-by-Numbers Guide for Interior Design
Popular News
Coldwell Banker

From the Archives: 4 Things To Do Before You List Your House (With Infographic)

Lakewood Theater Makeover Concerns Preservationists, Neighbors
Title Tip: What Real Estate is Actually Unsellable?
Interview with an Architect: Alicia Chandler Quintans Solves Modern Design Challenges
This Historic Highland Park Duplex Offers Great Location And Income Potential
about us

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

Links

  • Privacy Policy
  • Terms of Service
  • Contact Us
  • Paid Guest Post Submission
  • Real Estate Glossary

Categories

  • Commercial Real Estate
  • Home Inspection
  • East Dallas
  • Monday Morning Millionaire

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post

Find Us on Socials

© DALTX. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?