The Fall River City Council is giving Mayor Jasiel Correia five days to step down or face a recall election.
The council voted unanimously Tuesday in favor of a motion allowing the city clerk to send Correia a letter letting him know he has five days to resign.
If he refuses, it will be up to voters to decide if he should go.
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Correia was charged with tax and wire fraud in October. Prosecutors say he used investments in a company he formed to fund a lavish lifestyle.
Correia has said the only way he would be removed from office would be through a recall.
More than 4,500 signatures were obtained by organizers, nearly double what's required for a recall. Correia has alleged some of the signatures aren't valid.