A marina, a helipad and beach club access. A condo building with the cachet of a British auto company famous for making James Bond’s sleek sports cars.
The “luxurious amenities” and prestigious brand drew buyers to the Aston Martin Residences at 300 Biscayne Boulevard Way in downtown Miami. But what residents say they got was a developer who took millions from condo association funds in a “fraudulent scheme” to enrich himself and his associates.
The condo association for the 66-story, 391-unit luxury building filed a lawsuit in Miami-Dade Circuit Court last week, alleging developer German Coto lined his pockets with the association’s funds. The civil complaint alleges that Coto, along with a group of companies controlled by Coto and people with ties to him, entered unlawful and “self-dealing” contracts and did not disclose conflicts of interest…