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Evans was released on a $250,000 bond, and Matthews awaits a detention hearing today. News of their arrests was broken Thursday by the Daily News. RELATED: Palm House developer, real estate attorney arrested in Palm Beach In cases related to Thursday’s indictment, Gerry Matthews — Robert Matthew’s brother — and Palm House construction executive Nicholas Laudano pleaded guilty this month in plea agreements with the U.S. Attorney’s office for the Connecticut District. Commercial real estate broker Gerry Matthews pleaded guilty to a single felony count of conspiring to commit wire fraud, which included, in part, the movement of funds in and out of a savings account in his name. Laudano’s plea agreement required him to plead guilty to two felony counts — conspiracy to commit bank fraud and taking part in an illegal monetary transaction. On Thursday, a circuit court judge in West Palm Beach agreed to delay for 90 days a foreclosure trial involving the Palm House property. The trial was to have started today. The renovation project at the Palm House stopped abruptly in October 2014, and the doors have remained padlocked since. The property has racked up about $2.5 million in town fines, the majority related to construction delays. Matthews and Evans, along with “their co-conspirators, agents and others,” illegally used money from foreign investors, administered through the federal EB-5 program, “for the personal gain” of Matthews and others, according to the indictment.
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