Newsdata · Miami-Dade

“Behind our backs”: Ex-Lt Gov, Florida Rep Carlos Lopez-Cantera, father sued over Miami-Dade land deal

Former Florida politician Carlos M. Lopez-Cantera is accused of conspiring with his father to cheat partners out of millions of dollars in a Miami-Dade County real estate deal, a suit says. The pair face a lawsuit that claims they misled investment partners about the value of an 8.3-acre vacant tract, inducing them to sell it to Quarry Real Estate Holdings, an entity led by the younger Lopez-Cantera, for $40,000 –– even though it potentially could be worth over 400 times more –– with the intention to then flip it, essentially depriving investors from a potentially higher profit, according to the [...] This article originally appeared on The Real Deal. Click here to read the full story.