US Attorney says $6.6M Marco Island home bought in illegal scheme

(Editor’s note: story updated to add new information.)

A $6.6 million waterfront Marco Island home is part of an FBI investigation of fraud including money laundering by an Indianapolis developer.

U.S. Attorney for the Northern District of Indiana submitted a filing July 16, 2026, for an asset forfeiture of the home at 488 Richards Court. The same day federal agents raided the home and business of developer James Andrew “Andy” Card, an FBI spokesperson confirmed to IndyStar…

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