By Dan Christensen
BrowardBulldog.org
A large Florida law firm whose founding partner was suspended by the Florida Supreme Court last month for betraying clients faces more trouble from a state lawsuit alleging that its top partner in Fort Lauderdale aided a stock swindle.
By Dan Christensen
BrowardBulldog.org
A Fort Lauderdale-based securities firm with a checkered past, and its two principal owners, have been hit with $800,000 in fines related to a pump-and-dump penny stock scheme.
By Dan Christensen
BrowardBulldog.org
Months before popular Democrat Robert Wexler abruptly quit Congress last year federal agents interviewed two South Florida businessmen about his campaign’s unconventional $150,000 investment in a real estate venture.
By Dan Christensen, BrowardBulldog.org
Tom DeLay
Adam Kidan, the Broward State Attorney’s star witness in the pending Gus Boulis murder trial, has been subpoenaed to testify this month in the Texas election law conspiracy trial of the once powerful Republican House Majority Leader Tom DeLay.
Kidan, the former owner of SunCruz Casinos who now lives in Stony Brook, N.Y., was summoned to testify about “social interactions” he witnessed in DeLay’s Congressional office between DeLay and the notorious former Washington lobbyist Jack Abramoff, of Miami-based Greenberg Traurig.
“Adam Kidan can also testify to Thomas Dale DeLay’s presence in Jack Abramoff’s skybox at a Washington Redskin NFL game,” says the subpoena, filed Oct. 18 in Travis County Court.
By Dan Christensen, BrowardBulldog.org
The $100 million-plus scam behind the collapse of Fort Lauderdale’s Certified Services is a classic South Florida courtroom tale of greed and woe.
Hundreds of investors who bought Certified’s publicly traded stock were wiped out as insiders looted the company, buying luxury cars and diamonds. Insurance companies who did business with Certified got stiffed for tens of millions of dollars in claims. And injured low- and middle-income employees across the country who counted on Certified to provide worker’s compensation insurance learned too late that their coverage was actually a mirage.
“There are victims everywhere,” U.S. Securities and Exchange Commission attorney Christopher Martin said in an interview.