LA City Council member Curren Price was charged yesterday with:
There are a couple of things going on here.
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According to the complaint, Del Richardson & Associates received six checks from companies either incorporated or co-owned by affordable housing developers whom Price later voted to fund projects for or sell city property to.
In 2021, Price voted to slash the price of a property sold to GTM Holdings from nearly $1 million to $440,000 six months after a company incorporated by GTM Holdings wrote a check to his wife’s firm for about $51,000, court records show.
In 2019, according to the complaint, Price voted to fund a $4.6-million real estate project involving developer Thomas Safran & Associates after his wife’s firm received checks totaling about $35,000 from a company incorporated by Safran.
The second thing that’s going on involves health insurance, believe it or not.
Noted:
Price is the fourth current or former council member to face criminal charges in four years.
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This year, Councilmember Mark Ridley-Thomas was found guilty of conspiracy, bribery and fraud for extracting benefits for his son from USC while voting on issues that benefited the school.
Councilmembers Mitch Englander and Jose Huizar also pleaded guilty to federal corruption charges in recent years after an FBI investigation.