contractors and then illegally funnel any money or kickbacks back to his son, the mayor, Kwame. The FBI also announced that Derrick Miller, a close friend of Kilpatrick's who was a top adviser in the Kilpatrick campaigns and most recently (2007) was the chief information officer of the City of Detroit, was named as a target of the corruption investigation. Kandia Milton, deputy mayor, who ran the city for one day when Kilpatrick was in jail for violating his bail, pleaded guilty to federal bribery charges involving the sale of city-owned land. SEC investigation into pension funds influence peddling In 2012, the Securities and Exchange Commission charged Kilpatrick and former city treasurer Jeffrey W. Beasley for receiving $180,000 in travel, hotel rooms, and gifts from a company seeking investments from the city pension fund. Chauncey C. Mayfield and his company were also brought before administrative proceedings. The company received a $117 million investment in a real estate investment trust that it controlled. MayfieldGentry proceeded to misappropriate $3.1 million from the pension fund which was revealed during the influence peddling investigation. Mayfield pleaded guilty in 2013. The case was scheduled for June 2014. Resignation and incarceration On March 24, 2008, Kilpatrick was charged with eight felony counts, including perjury, misconduct in office, and obstruction of justice. On May 13, 2008, the Detroit City Council approved a resolution to request that Michigan's governor, Jennifer Granholm, remove Kilpatrick from office. On August 8, 2008, Michigan's Attorney General, Mike Cox, announced two new felony counts had been filed against Kilpatrick for assaulting and interfering with a law officer. On September 4, 2008, Kilpatrick announced his resignation as mayor, effective September 18, following a guilty plea to two felonies for obstruction of justice arising from a complex settlement scheme in a civil case where he lied about an extra-marital affair under oath, then caused the case to be settled at a premium in exchange for an agreement by the parties not to disclose his affair. He then misrepresented the settlement to the citizens of Detroit and City Council. As a result of his guilty plea, Kilpatrick will pay restitution to the city of Detroit in the amount of one million dollars, lose his pension, serve four months in the Wayne County jail, serve five years probation, and surrender his law license; he is also prohibited from running for public office for five years. In the