SEC-Kilpatrick

May 9, 2012 - 7:25 PM
FILE _ This June 15, 2011 file photo shows former Detroit Mayor Kwame Kilpatrick in Wayne County Circuit court in Detroit. On Wednesday, May 9, 2012, the U.S. Securities and Exchange Commission filed a civil suit against Kilpatrick, saying he and ex-city treasurer Jeffrey Beasley received $125,000 in private jet travel and other perks from an investment firm. The SEC says that was in exchange for getting the city's pension fund to make an investment favoring the firm. (AP Photo/Paul Sancya, File)