INDIANAPOLIS — An owner of an Indianapolis real estate development company that specializes in large-scale sports complexes has been charged in a federal civil complaint.
This comes after court documents claim that he and his wife fraudulently used millions of dollars aimed for a project in Mishawaka to purchase a home in Florida.
According to the complaint, which was filed in the U.S. District Court for the Northern District of Indiana on Thursday, James Card, the owner of Card & Associates, along with his wife, Martha Card, “engaged in a scheme to defraud, and through that scheme, fraudulently obtained money, which was then later used to purchase (a home in Florida).”
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The complaint was filed as a verified complaint for forfeiture in REM, which aims at forfeiting the Cards’ home in Marco Island, Florida, a home that officials claim was purchased through fraudulently obtained funds…