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).
Dressed simply and not wearing any jewelry, Kimberly Rothstein, wife of convicted Ponzi scam artist Scott Rothstein, pleaded not guilty in federal court to charges of money laundering, witness tampering and obstruction of justice.
The wife of convicted Ponzi schemer Scott Rothstein has been arrested and charged for their role in an alleged plot to conceal and dispose of assets in connection to the case.
A former Broward County commissioner convicted on corruption charges was released from federal prison Wednesday morning.
A former Broward County commission convicted on corruption charges will have to spend a few for months behind bars. Josephus Eggelletion, 62, was originally been scheduled to be released from a federal prison in Georgia later this month.
Former Broward County Commissioner Josephus Eggelletion has a little less than two months left on his federal prison sentence and is expected to be released on February 27, according to the South Florida Sun-Sentinel.
A Colombian man accused of trafficking cocaine into numerous countries including the United States was extradited to the South Florida early this week.
Serving a 50 year prison sentence for his involvement in a $1.2 billion fraud scheme, Scott Rothstein has pledged to name names and tell the truth during his deposition.
Florida’s largest private state-chartered bank has agreed to pay $10.9 million to the U.S. as part of a deferred prosecution agreement involving drug money laundering.
The head of the U.S. Southern Command, based in Miami, said the United States has to recognize an increasing threat from transnational criminal groups that have taken refuge across much of Latin America.