A Ft. Lauderdale stock trader, who pleaded guilty for operating a Ponzi scheme that defrauded many investors, has been sentenced to 12 years in federal prison.
It’s been more than two-and-a-half years since Yahoo! Sports and Nevin Shapiro dropped a bomb on the University of Miami with a scathing investigation sparked by accusations by convicted Ponzi scheme architect Nevin Shapiro. Thursday, the U meets the NCAA.
The seemingly never ending case by the NCAA against the University of Miami over allegations made by convicted Ponzi schemer Nevin Shapiro took another turn Friday afternoon.
Former Hialeah Mayor Julio Robaina and his wife Raiza were arraigned Friday morning on federal tax evasion charges.
Former Hialeah Mayor Julio Robaina and his wife Raiza have bonded out of jail after they surrendered to federal authorities Friday and made their first court appearance.
Former Hialeah Mayor Julio Robaina has been charged with federal tax evasion and is expected to surrender in federal court Friday morning.
Several investors from South Florida were ensnared by Bernard Madoff’s epic fraud. None of them (or those from any state) can hold the Securities and Exchange Commission responsible for failing to expose his Ponzi scheme, a federal appeals court said Wednesday.
Kim Rothstein, the wife of convicted Ponzi schemer Scott Rothstein, has won a three-month delay in her sentencing for a conspiracy charge so she can possibly testify in a related case.
In the third day of his federal trial Ft. Lauderdale investment banker George Elia pleaded guilty to his part in a multi-million dollar Ponzi scheme.
Trial is scheduled to get underway Monday for a Ft. Lauderdale man who is accused of running a multi-million dollar Ponzi scheme.