Coral Gables Mayor Vince Lago has business with accused money launderer

The land-use attorney and lobbyist arrested Thursday on money laundering, criminal conspiracy and political corruption charges also has business ties with Coral Gables Mayor Vince Lago.

William “Bill” Riley Jr. was one of the four real estate agents registered along with Lago at the brokerage owned by former Hialeah Councilman Oscar de la Rosa, who is the stepson of Hialeah Mayor Esteban Bovo. Bovo is another real estate agent with the firm. So is Lago’s chief of staff, Chelsea Granell. The brokerage received a $640,000 commission from the sale of a Ponce de Leon Boulevard building to Location Ventures, the same development firm that is being investigated for its $10,000 monthly payments to Miami Mayor Francis Suarez for “consulting.”

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