John Wiley Price—another black official under FBI investigation

According to the county land records I’m looking at, Dallas County Commissioner John Wiley Price bought nine acres of land on Grady Niblo Road near Mountain Creek Lake in far southwest Dallas from a man named Wayne White on September 3, 2002.

But here’s the curious thing. On that very same day he bought the very same land from his own administrative assistant, Dapheny Fain.

Wait. How can you buy the same land from two different people on the same day? That’s the question. Earlier today I left messages by phone and by email with both Price and Fain and did not hear back from them personally. I did speak with attorneys for both.

Price’s criminal attorney, Bill Ravkind, told me he has “more than two” CPAs combing through all of the commissioner’s real estate transactions over the years. He said he is not able to address questions about any specific transactions yet.

I spoke with Wayne White, who sold the land to Price, and I can understand why Ravkind might want to take his time unraveling this and other deals the commissioner has been involved in.

White is an antiques dealer who once rented space from Danny Faulkner, a legendary figure in the history of Dallas real estate and banking scams. Faulkner was released from prison in 1998 suffering from what was supposed to have been inoperable brain cancer, now in remission. He had served three years and 11 months of a 20-year federal sentence for stealing $100 million from five savings and loans.


About heloise8

Meaning of "trough" -- Trough is the bottom of a transverse wave. And generically means a low point or a place to fill. Venus is related to this meaning. Veins are to be filled, and venusian people are loving. The left is more venusian than the right, hence The Trough--where Heloise helps the great and the small. Heloise the politico from Physics preacher, blogger, gardener, beach lover, book lover, writer, author.

Posted on July 14, 2011, in Government Trough, Homme depot, Pig Trough and tagged , , , , , , , . Bookmark the permalink. Leave a comment.

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