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Sunday, 2 June 2013

Robin Hood Effect may land Carlisle Development Group Executives in Prison

Posted on 08:27 by Unknown
HIH POV:
The cruel Sheriff of Kottingham (Feds) allege the Merry Men:  Robin Hood (Matthew Greer), Little John (Lloyd J. Boggio) and Friar Tuck (Michael K. Runyan) have employed trickery and deceit to develop affordable housing in Miami.  The Merry Men may end up in prison regardless of their good intentions to help the poor and disadvantaged in our community. The article by the Miami Herald expresses "shock and awe" at the ordeal.  Everyone appears to justify their "means to an end" approach especially the County Commissioners who've received campaign contributions from the Merry Men.  If the allegations of fraud are true the Merry Men will pay dearly for it and the band of supporters in the community and at County Hall may have to forgo this fairy tale's happy ending. 

Read more here: http://www.miamiherald.com/2013/06/01/v-fullstory/3428600/feds-investigation-into-miami.html#storylink=cpy
Miami Herald Excerpt:
The 13-story edifice, standing on a city block surrounded by a railroad track, a highway and an elevated transit rail, is home to 90 rental apartments for low-income people. The developer, Carlisle Development Group, also donated much of the ground floor to after-school care, computer labs and other educational services.
“The first thing people say is, ‘This is Overtown?’ ” said Saliah Nelson, vice president of Urgent Inc., the nonprofit that operates the programs. “Yes, this is Overtown.”
Nelson described the $25 million complex as Carlisle’s “big gift” to the community — not unlike dozens of other affordable-housing projects that the Miami-based company has developed over the past decade in South Florida and elsewhere.
But Carlisle’s reputation for building modern apartment complexes that lift up people’s lives seems suddenly at risk: A federal grand jury is investigating allegations that Carlisle and its chief executive officer, Matthew S. Greer, the scion of a prominent Miami-Dade family, and others associated with the company bilked a U.S. government subsidy program designed to promote affordable-housing development.
News of the investigation, headed by the U.S. attorney’s office, has already affected Carlisle, the state’s biggest and the nation’s third-largest affordable-housing developer, with more than 80 completed projects valued at $1.4 billion.

- Note undated photograph of Matthew Greer.  Michael K. Runyan is a general contractor and President of BJ&K Construction Services.
- Reference Links:
Read more here: http://www.miamiherald.com/2013/06/01/v-fullstory/3428600/feds-investigation-into-miami.html#storylink=cpy

Read more here: http://www.miamiherald.com/2013/06/01/3428600/feds-investigation-into-miami.html#storylink=cpy
Feds’ investigation into Miami affordable-housing developer, Carlisle, baffles supporters - Miami-Dade - MiamiHerald.com

Affordable-housing developers under investigation contributed to Miami-Dade political campaigns - Miami-Dade - MiamiHerald.com

Carlisle Development Group under Grand Jury investigation

Community celebrates opening of award winning housing development

Related Article:
Regions Bank lawsuit: Carlislie defaulted on $5.1M
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