Montreal Mayor Michael Applebaum Tue Jun 18, 2013 9:53PM GMT

Embattled Montreal Mayor Michael Applebaum has resigned, one day after his arrest on 14 charges, including fraud.

“Being mayor of Montreal is not something one can do while defending themselves against these accusations,” Applebaum said on Tuesday.

“This is why I am resigning as mayor of Montreal. It is a responsible thing to do,” he added.

The criminal charges pressed against Applebaum include fraud against the government, breach of trust and conspiracy and municipal corruption. As he stepped aside, the said the accusations were “unfounded.”

Applebaum’s short-lived career as the mayor of Canada’s second largest city ended up in a fiasco as he was brought down by allegations of corruption, which he had promised to fight and end while taking office in November.

His predecessor Gerard Tremblay stepped down facing similar allegations.

According to Quebec’s anti-corruption unit, the charges relate to garnering political backing for two real estate projects in Montreal’s Côte-des-Neiges-Notre-Dame-de-Grâce borough between 2006 and 2011, when he was the mayor of the borough.

Applebaum’s arrest is the latest in a series of scandals to hit Canada’s internal politics. Rob Ford, his counterpart in Toronto, faces allegations that he has appeared in a video smoking crack cocaine.