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Former Sports Anchor Arrested for $236,000 Fraud

4/7/2026

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Story summary
  • Mike Raita, a former sports anchor and executive director of the International Motorsports Hall of Fame from 2020 to 2024, was arrested for allegedly misappropriating $236,000 between 2019 and 2024.
  • He is accused of using the funds to buy vintage cars for himself and his wife.
  • Following an audit, Raita and the board were removed from their positions.
  • He plans to plead not guilty and was released on a $25,000 bond.
  • Raita also serves as the regional director for Senator Tommy Tuberville and has won multiple Emmy awards.