Roundup of Frauds in South Florida
According to public records, those largest frauds in South Florida in 2014 are listed below:
- Suspended North Miami Mayor Marie Lucie Tondreau was convicted of mortgage fraud in December, 2014. She was found guilty of conspiracy and wire fraud in a scheme that began through her radio show.
- Alan Levan, former owner of Bank Atlantic, was found guilty by a federal jury on most of nine civil counts of securities and accounting fraud.
- A Boca Raton man was sentenced to 11 years in prison and ordered to pay nearly $6 million in restitution for loan modification fraud using boiler rooms that he operated.
- Five men pled guilty to conspiracy to commit bank fraud in connection with a $300 million Ponzi scheme centered on the sale of vacation rentals in the Florida Keys and elsewhere.
- An entertainment promoter was extradited from Brazil in December, 2014 to face charges of a $300 million Ponzi scheme involving fraudulent concert and entertainment promotion.
- The former owner of for-profit college FastTrain was charged with submitting false claims and coaching students to lie on aid applications.
- Two former senior executives of Miami-based TigerDirect pled guilty to securities fraud and tax offenses in a $9.5 million bribery scheme.
- A woman connected to two Miami health care companies was sentenced to seven years in prison and ordered to pay $45 million in restitution for a $74 million Medicare fraud scheme. The two companies were Professional Home Care Solutions Inc. and LTC Professional Consultants Inc.
- Eleven South Florida residents were indicted on federal charges for a $25 million Medicare and Medicaid fraud scheme that enrolled people living in foreign countries. Those indicted included employees of Coral Gables-based HMO Florida Healthcare Plus, which was later ordered to liquidate by regulators.
- The former COO of Hollywood Pavilion hospitals pled guilty to participating in a $67 million Medicare fraud scheme.
- The former owner of Miami-based Nation's Best Care Home Health Corp. pled guilty in a $35 million Medicare scheme.
- Eighteen Miami Dade College students were among 21 people charged with identity theft to commit $1.9 million in tax refund fraud. More than 644 Miami Dade students were victims of the scheme.
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