TAYLOR, Mich. (WXYZ) — The feds raided another Taylor area businessman, his party store and his home, but it’s not the liquor and snack food they’re interested in. Sources say they’re looking at deals to buy distressed homes in Taylor and flipping them for a profit.
The FBI in Detroit confirms they raided Dominick’s Party store and the West Bloomfield home of owner Hadir Dave Altoon.
No one answered the door at the home and people at the party store said Altoon was not there.
Sources say Altoon teamed up with another businessman raided earlier by the feds, Shady Awad who ran a company called Realty Solutions. No one has been charged with a crime.
Taylor Mayor Rick Sollars had his home raided in February and agents left with boxes of evidence and they found more than $200, 000 cash in the basement.
Former Federal Prosecutor Anjali Prasad tells 7 Action News, “This is what we see all the time with the feds. They start small, one target, isolated transactions and they build their case and they cast their net.”
Prasad says this could take a year or year and a half to investigate and could involve several people. One question: are other Taylor officials involved?
Prasad continues, “My experience has been the big target is always the public officials. So yes, the private individuals, maybe there’s some quid pro quo, pay to play, but the private individual isn’t who they want to make an example of. They’re stepping stones to the public officials.”