Developer’s arrest halts $3 billion Romulus project
Plans for a $3 billion sports complex in Romulus have been halted with the arrest of project leader Kenneth Bardwell by the FBI.
The West Bloomfield man has been charged with wire fraud after federal investigators accused him of collecting millions from investors for the proposed sports and entertainment complex which Bardwell told city officials and potential investors would cost up to $3 billion. According to court documents, federal investigators claim he used much of investors’ money paying for visits to strip clubs, luxury goods, rental vehicles and expenses for himself, his wife, his girlfriend and associates.
Bardwell, 66, was charged with one count of wire fraud in a criminal complaint filed July 14 in U.S. District Court in Detroit, stemming from a scheme investigators say dates from October 2018.
The proposed 450-acre Motown Sports development in Romulus was proposed to include a 10,000-seat arena, hockey rinks, an indoor football field, hotels, an indoor water and surf park, IMAX theaters, Topgolf, a spa and other attractions. Investors were allegedly told their money would be used to buy the land and would be returned from an escrow account if the purchase failed. Federal investigators said they found no such escrow account.
City of Romulus officials denied Bardwell’s request for $152 million in public bonds in 2024. City officials later told investigators they believed the project was a scam after Bardwell allegedly failed to provide detailed plans, site surveys, zoning submissions or complete other basic development steps.
Romulus Mayor Robert McCraight said he felt the city avoided any financial loss after city officials investigated and questioned some of Bardwell’s financial claims.
“As mayor, my administration has made economic development for the benefit of our residents a priority. We will work with anyone who can legitimately help us move Romulus forward, because our city deserves the best in housing, retail, and job creation” McCraight said in a prepared statement following the announcement of Bardwell’s arrest and federal charges.
“Which is why we were supportive of this concept until receiving numerous contacts forcing us to question the legitimacy of the development,” McCraight continued. “The federal criminal charges appear to be the culmination of important work by federal law enforcement, which includes our referral of concerns that developed over time. Most importantly, when the individual in question came asking for funds from our taxpayers, we said absolutely not.
“We will not tolerate what appears to be an attempt to take advantage of Romulus and its residents,” McCraight said.
According to the complaint, Bardwell maintained a purchase agreement with Ashley Capital for seven years by making annual deposits of about $100,000 but never purchased the Romulus property. He paid $60,000 for a final extension on May 29, 2026, and was told he had until June 30 to produce the full $28 million purchase price. Bardwell allegedly told an employee, “my life depends on this,” while claiming 1,800 people had invested.
Investigators also questioned the reported crowdfunding support of the project. The page showed 449 reservations representing $6.74 million in investment interest, but 373 came from only 10 IP addresses. One address generated 203 reservations, and most of the addresses traced to the Philippines
Bank records showed $2.3 million in cash withdrawals, more than $200,000 in strip-club charges, in excess of $130,000 in luxury purchases and at least $420,000 spent on Rolex watches, purses and jewelry. Witnesses alleged Bardwell visited strip clubs several times a week and sometimes spent about $10,000 per visit. Among the investors was a Detroit church that wrote a $10,000 check with the memo “Investment for Church,” according to bank records cited in the complaint.
A woman described as Bardwell’s girlfriend received $19,000 from company accounts in just over a month, according to the complaint. Her social media posts allegedly showed cash, a Jeep, Cartier and Chanel items and home improvements credited to “KB” or “daddy.” Bardwell’s wife also allegedly endorsed investor checks, withdrew business funds, received payments and had apartment rent paid from Motown Sports accounts.
The complaint also claims Bardwell promoted other unsuccessful sports-complex proposals dating to 2009 in Pontiac, Vandalia, Illinois, and Winchester, Kentucky, and that an earlier version of this project in Waterford was abandoned.
Investigators further alleged Bardwell had not filed personal tax returns since 2019, except for a partial 2023 return involving gambling winnings.
The FBI is searching for anyone who may have invested money with Motown Sports Group Holdings, Inc., or with Bardwell.













