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New developing insider information reveals that Mayor Tomas Regalado, the famed $5,000 man, is possibly receiving monetary kickbacks from the illegal gambling operations that City of Miami Police raided this past late October.
Sources close to the investigation have revealed to us that there is a link between the gambling machine ordinance, the raids, and Regalado's insistence that the raid be canceled by police.
According to these sources, authorities are investigating whether Mayor Regalado received monetary payment from gambling consortia for the passage of the ordinance, and the command to police to stop the raid on the highly profitable machines.
When Regalado could not stop the raid, the gambling operators held Regalado's feet to the fire, causing Regalado to increase the friction in his already tense relationship with Chief Exposito.
If found to be true, these allegations could seriously jeopardize Mayor Regalado's future as mayor, causing him to be removed from office, and a special election for mayor to take place.