Miami Developer Sentenced to Over 11 Years For $89 Million Investor Fraud and Tax Scheme

A Miami real estate developer has been sentenced to over 11 years in federal prison after stealing roughly $89 million in an Investor Fraud and Tax Scheme.

Rishi Kapoor, 41, pleaded guilty to money laundering and conspiracy to fail to pay payroll taxes.

Money Was Used For a Yacht, a Home, and Diamonds…

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