3:32 AM / Tuesday November 29, 2022

30 Nov 2017

Universal Companies’ President/CEO, Rahim Islam placed on administrative leave pending federal investigation

  • Facebook
  • Twitter
November 30, 2017 Category: Local Posted by:

ABOVE PHOTO:  Rahim Islam


On November 24, 2017, a federal search warrant was executed at the personal residence and offices of Rahim Islam, President and CEO of Universal Community Homes (“Universal”) and at Universal’s corporate headquarters.

An emergency meeting of Universal’s Board of Directors was conducted that evening in order to take immediate action.  The Board voted unanimously, having received Mr. Islam’s agreement, to place him on administrative leave. 

The purpose of the Board’s decision was to allow Mr. Islam time to focus on his legal affairs. 

The Board of Directors had also been advised that Mr. Islam received a target letter from the federal government making him the focus of an investigation. 

No further detail is available at this time.

  • Facebook
  • Twitter

Leave a Comment

Recent News


Lots of love and laughter as friends, family and loved ones gather at Positano Coast to celebrate Leah Fletcher

November 24, 2022

Tweet Share Pin Email This holiday season, looking back in retrospect: Celebrating the life of Leah Fletcher....


Buffalo gunman pleads guilty in racist supermarket massacre

November 28, 2022

Tweet Share Pin Email By CAROLYN THOMPSON BUFFALO, N.Y. (AP) — The white gunman who massacred 10...

Week In Review

Biden admin to ask high court to take up student debt plan

November 24, 2022

Tweet Share Pin Email ABOVE PHOTO: Light illuminates part of the Supreme Court building on Capitol Hill...


Georgia runoff: Why one Senate seat is crucial for Democrats

November 24, 2022

Tweet Share Pin Email ABOVE PHOTO: This combination of photos shows, Sen. Raphael Warnock, D-Ga., speaking to...


How to shop for the right Medicare plan and avoid costly mistakes

November 24, 2022

Tweet Share Pin Email BPT Inflation is putting the squeeze on all Americans, but no one is...

Color Of Money

Top financial to-dos to end the year strong and prepare for 2023

November 24, 2022

Tweet Share Pin Email BPT  The holidays are a time full of good cheer, but not necessarily...

The Philadelphia Sunday Sun Staff