Price's lawyer casts doubt on reports of money found by FBI

Price search

Credit: WFAA

FBI agents removed carloads of evidence from the home of John Wiley Price as they executed a search warrant on Monday.

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by DAVID SCHECHTER

Bio | Email | Follow: @davidschechter

WFAA

Posted on June 29, 2011 at 6:30 PM

Updated Wednesday, Jun 29 at 6:34 PM

DALLAS — An attorney for Dallas County Commissioner John Wiley Price is now casting doubt on news reports that $100,000 was found in his client's personal safe when the FBI executed a search warrant on Monday.

Earlier on Wednesday, attorney Billy Ravkind confirmed to a WFAA-TV reporter that money was found at Price's Oak Cliff home, but wouldn't disclose the amount.

Later, Ravkind said he will not discuss anything about money found at Price's home until he sees the FBI search warrant.

Ravkind told News 8 the FBI neither presented nor left a search warrant when it arrived at Price's home Monday.

If there is money found, Ravkind said, he feels confident he can account for it and has already hired a forensic experts to comb through Price's finances.

Documents show the federal investigation focuses on theft, tax evasion, bribery and money laundering.

Experts said finding cash could play a role in building the government's case for tax evasion and money laundering.

In that case, the IRS might require Price prove the money was not used illicitly and that Price paid taxes on it.

E-mail dschechter@wfaa.com

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