A South Florida businessman, after defrauding investors out of millions of dollars, was sentenced Wednesday to more than 12 years in federal prison.
An executive of a Miami Beach manufacturing company has been convicted by a federal jury in a $40 million world-wide investment scheme.
The head of a Miami Beach-based Fortune 500 company pleaded guilty Friday to stealing millions from investors.
Slick 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).
A 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.