Tolu Olorunnipa, Miami Herald
While attorney general Pam Bondi was investigating Lender Processing Services for foreclosure abuses, the state of Florida was preparing a sweet tax break deal for the Jacksonville-based company.
Last week, Bondi announced a national settlement with LPS, and the company agreed to pay $120 million to settle allegations that it operated as a so-called foreclosure mill, making use of fraudulently signed court documents.
Money kicked in from Florida taxpayers could help pay that fine. LPS received a tax incentive award of at least $1.15 million, with some of the payments going out even as Bondi’s fraud inquiry was ongoing.