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 Entrepreneur Claudio Osorio Files For Chapter 11High-tech entrepreneur Claudio Osorio and high-society philanthropist Amarilis Osorio filed for personal bankruptcy Friday. Their Chapter 11 filing in Miami’s capped a series of lawsuits that accuse the couple of duping investors to pay for their lifestyle.
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.