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Dr. Zachariah P. Zachariah

Dr. Zachariah P. Zachariah

By Dan Christensen, BrowardBulldog.org

Next week’s federal insider trading trial of a major Broward GOP fundraiser with close ties to former President George W. Bush has been called off while a possible settlement deal is worked out.

Dr. Zachariah P. Zachariah, his physician brother and a third Fort Lauderdale doctor are accused of hauling down more than a half-million dollars in illegal profits during a fraudulent stock trading scheme in 2005.

A trial on the civil charges that was set for Nov. 9 was cancelled to allow time for the Securities and Exchange Commission to decide whether to accept signed offers of settlement from co-defendants Dr. Mammen P. Zachariah and Dr. Sheldon Nassberg, according to court records. 

Jerry Frank Townsend

Jerry Frank Townsend

To seek the just determination of all criminal matters that are presented to the State Attorney” – from the web site of Broward State Attorney Michael Satz

By Dan Christensen, BrowardBulldog.org

Once upon a time Jerry Frank Townsend was South Florida’s deadliest serial killer and rapist.

Broward Sheriff’s Office and Miami Police Department homicide detectives said it was so. Townsend, a grown man with the mental capacity of a child, confessed to nearly two dozen sex murders, they said.

Convicted of six brutal murders and a rape in 1980, Townsend was sent to prison for life. He remained behind bars for 22 years, until he was exonerated by DNA tests that didn’t exist when he was arrested.

The police frame-up of Townsend continues to haunt both BSO and county taxpayers. The Sun-Sentinel reported last month that BSO has agreed to pay $2 million over the next five years to settle a Broward civil rights lawsuit brought on Townsend’s behalf. Miami paid $2.2 million last year to end a similar Townsend suit filed in federal court. The public spent at least $1 million more on defense lawyers for the officers who were involved.

Broward State Attorney Michael Satz, once quick to prosecute Townsend on scant evidence, moved to set aside Townsend’s convictions after the DNA tests cleared him, but conducted no criminal investigation of the police whose testimony put Townsend in prison. Satz spokesman Ron Ishoy said Wednesday that prosecutors reviewed “the entire Townsend case even before the DNA testing” but “did not uncover any evidence to suggest” a frame-up.

Had an actual investigation been made, however, Satz would have found a disturbing record replete with clear and convincing evidence of specific crimes by BSO detectives and other officers, including perjury and the falsification of police reports.