Prominent Miami developers plead guilty for $36M affordable housing scheme

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Several prominent Miami property developers and a well-known Fort Lauderdale contractor pleaded guilty this week to charges that they conspired to steal government funds intended for affordable.

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Other defendants appearing Friday were prominent Miami developer Robert Zangrillo. Meredith became the third person to plead guilty in the case. Rick Singer, the admissions consultant at the center.

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balance here is really critical," Kyl said. "Taxpayers cannot be put on the hook to bail people out who were, in effect, speculating on this very hot housing market." Sen. Charles E. Schumer (D-N.Y.).

Affordable Housing Scandal | Carlisle Development Group – A major U.S. bank is allegedly using a blockbuster scandal that ended with the convictions of two prominent Miami developers as a means to take control of six affordable housing complexes in.

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Lauderdale contractor finalizes plea deal in affordable-housing scheme. By The Miami Herald.. Four prominent Miami developers and a Fort Lauderdale contractor are pleading guilty to theft of.

U.S. attorney prosecutes FL affordable housing developers in $36M tax-credit fraud. according to The Miami Herald.. One executive pleaded guilty to the charges, and the others reportedly are.

The seventh and final defendant in a $36 million affordable housing fraud case has pleaded guilty in South Florida federal court. A U.S. Attorney’s Office news release says 70-year-old Lloyd.