2008-04-30 — miamiherald.com
investors, who collectively poured nearly $4 million into the Sandra Fay development, had bought into a lie. Florida City's former housing director, Matthew Price II, who had ''backed'' the project, was apparently trying to reward a developer who had given him the down payment on a house.
Before construction was completed, the project went bust.
Price was sentenced Friday to 30 months on federal conspiracy charges to commit fraud.
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