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L.A. council OKs investigation of developer ADI over possible fraud

Mar 2, 2011 10:41:35 PM- latimes.com
Federal authorities are already investigating allegations by a court-appointed receiver that the company might have made improper gifts to public officials and built substandard housing.

Los Angeles City Council members voted Wednesday to pursue a city investigation into whether a prominent housing developer may have bilked the city out "substantial public funds" when it built dozens of apartments for low-income families in neighborhoods such as Chinatown and South Los Angeles.

USA, California: (Latest Stories)