Fla. Businessman Gets 12+ Years For 50M FraudA South Florida businessman, after defrauding investors out of millions of dollars, was sentenced Wednesday to more than 12 years in federal prison.
Miami Beach Mfg. Co. Exec. Convicted In $40M Investment SchemeAn executive of a Miami Beach manufacturing company has been convicted by a federal jury in a $40 million world-wide investment scheme.
Miami Executive Claudio Osorio Pleads Guilty In $50M Fraud SchemeThe head of a Miami Beach-based Fortune 500 company pleaded guilty Friday to stealing millions from investors.
Feds Arrest Claudio Osorio, Allege Millions Stolen From InvestorsSlick entrepeneur Claudio Osorio made millions by defrauding investors and stealing millions to support his esoteric lifestyle, according to the U.S. Securities and Exchange Commission (SEC).
Miami Business Man Sued For Fraud Over Haiti HomesA South Florida businessman who convinced investors to back his proposal to build low cost housing in Haiti in the weeks after last year’s earthquake is now being sued for not delivering.