Charlotte mayor faces corruption charges, resigns

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Associated Press

Posted on March 27, 2014 at 2:02 AM

Updated Thursday, Mar 27 at 5:33 AM

CHARLOTTE, N.C. (AP) — Charlotte Mayor Patrick Cannon was getting ready to close the deal with the big-time developer in the room.

Cannon had been boasting that he could pull the right strings to make things happen fast.

At the end of the Feb. 21 meeting in the mayor's office, the developer handed the mayor a briefcase containing $20,000 in cash.

Less than a month later, Cannon discovered the developer was really an undercover FBI agent.

Cannon was arrested Wednesday and accused of accepting more than $48,000 in bribes from undercover FBI agents posing as businessmen who wanted to do work with North Carolina's largest city. He resigned from office Wednesday night.

It was a stunning fall for Cannon, who had risen from the city's housing projects to become a successful businessman and politician.

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