Miami Real Estate Developer Sentenced for $89 Million Investor Fraud and Tax Scheme

MIAMI – A Miami real estate developer has been sentenced more than 11 years in federal prison for defrauding investors of approximately $89 million, diverting investor funds to finance a lavish lifestyle, failing to pay millions of dollars in payroll taxes, and lying to a bank to obtain financing for a 68-foot yacht.  U.S. District … Continue reading Miami Real Estate Developer Sentenced for $89 Million Investor Fraud and Tax Scheme