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L.A. sues low-income housing developer, alleging 'racketeering' and 'huge fraud'

Apr 25, 2011 11:04:00 PM - latimes.com
City lawyers say ADI inflated its bills on more than a dozen public housing projects, costing the city an estimated $30 million to $180 million, and destroyed or falsified records. Glendale has also filed suit.

The cities of Los Angeles and Glendale have filed fraud lawsuits against one of the region's biggest developers of low-income housing, revealing new details about how the politically connected firm allegedly misappropriated public money.

USA, California: (Latest Stories)