25-acre brush fire off I-75S in Collier County lowers air qualityCape Coral softball coach arrested for alleged inappropriate conduct with student released on bond
MGN MIAMI (AP) – Four developers in Miami and a Fort Lauderdale contractor are pleading guilty to federal charges stemming from an alleged $36 million affordable housing fraud. Biscayne Housing Group co-founders Michael Cox and Gonzalo DeRamon pleaded guilty Monday to conspiracy charges. Two principals in the Carlisle Development Group – former CEO Matthew Greer and co-founder Lloyd Boggio – are scheduled to plead guilty later this week. B&K Construction Services President Michael Runyan also pleaded guilty to a conspiracy charge Monday. Federal prosecutors say the men and others stole $36 million in federal housing subsidies by inflating construction costs and taking kickbacks. Most of the projects were in inner-city Miami-area neighborhoods, including Overtown, Brownsville and Little Haiti. The Miami Herald reports (http://hrld.us/1Vtclse ) prosecutors have recovered about $11 million of the stolen money.