Florida’s Office of Financial Regualtion announced that attorney Peter N. Price, 49, of Hollywood, pled guilty to a criminal information charging him with making false statements to HUD, in violation of Title 18, United States Code, Section 1001. In addition, Price agreed to make restitution to Stewart Title Guaranty, the victim of his fraud, in the amount of $1,608,246.57.
Price’s sentencing is scheduled for August 27, 2010, in U.S. District Court in Ft. Lauderdale. Price faces a maximum statutory sentence of 5 years in prison.
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