Friday, March 16, 2012

Political candidate's multimillion dollar foreclosure

KISSIMMEE, Fla. —

WFTV has found out about a multimillion dollar foreclosure on the property of a state representative candidate.

Matt Falconer has made a name for himself by pitching big cost-cutting for government, but investigative reporter George Spencer found that just last year, one of Falconer's own business ventures fell through.

Nowadays, a "property available" sign sits out front of a Kissimmee strip mall.

Until September, the foreclosed property was run by Kissimmee Equities, a company owned by Falconer, a state representative candidate.

Falconer is calling himself the "taxpayer's voice" as he runs for a position that would give him a role in allocating billions of taxpayer dollars. Read More