August 11, 2026
A Manhattan federal judge on Tuesday hit a Florida developer with a four-year prison sentence after he admitted to pocketing proceeds from membership interests in real estate projects he pitched to investors in a $13 million securities fraud caper.
February 27, 2026
A Florida developer told a Manhattan federal judge Friday that he misappropriated the proceeds of membership interests in real estate projects he pitched to investors, copping to a count of securities fraud and agreeing to forfeit up to $13 million.
May 07, 2025
A real estate developer involved in several projects in New York City was charged by federal prosecutors with misappropriating about $10 million in investor funds and using the money to finance a lavish lifestyle and cover gambling losses.