Metro Detroit Business Owner Charged with Theft of Funds, Fraud in $20M Grant
Nessel says Beydoun diverted grant money for personal expenses and deceptive records after securing the award through political ties.
- Michigan Attorney General Dana Nessel announced Wednesday that Fay Beydoun, a former Michigan Economic Development Corporation executive committee member, faces 16 felonies for allegedly misusing a $20 million state grant awarded to her nonprofit, Global Link International.
- On June 30, 2022, lawmakers included the earmark in the 2023 fiscal year state budget to establish a global business accelerator; Beydoun incorporated Global Link just days after the funding appropriation, records show.
- Prosecutors allege Beydoun submitted fraudulent invoices to the MEDC, including charges for a $4,500 luxury coffee maker and $6,000 Tunisian rugs, while maintaining a $550,000 annual salary from grant funds.
- Following the MEDC's March 2025 grant termination, the Attorney General's office froze more than $6.3 million in Beydoun's accounts, while the MEDC implemented new compliance protocols for monitoring legislatively directed spending.
- A pre-exam conference is scheduled for May 20 as legislators implement 45-day advance notice requirements for earmarks to prevent the political cronyism Nessel cited as enabling the scheme.
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iosconews.com
Michigan AG charges Beydoun in alleged $20M grant fraud scheme
(The Center Square) – Michigan Attorney General Dana Nessel announced Thursday that Fay Beydoun, a former member of the Michigan Economic Development Corp. executive committee, has been charged with 16 felonies tied to the alleged misuse of a $20 million…
AG Nessel Alleges Metro Detroit Businesswoman Misused State Grant Funds For Rugs, Other Personal Expenses
Photo: Jasper Colt ~ USA TOAY NETWORK PODCAST: May 7, 2026 ~ Paul Egan of the Detroit Free Press details Attorney General Dana Nessel’s criminal charges against Fey Beydoun tied to a $20 million state grant.METRO DETROIT ~ A metro Detroit businesswoman was charged Wednesday, accused of misusing government grant funds, Michigan Attorney General Dana Nessel stated. Fay Beydoun, a businesswoman based in Farmington Hills, is accused of spen…
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