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- Michael J. DaCorta (Oasis International Group): DaCorta ran an $80 million Ponzi scheme from 2011 to 2019, convincing over 700 victims to invest in his foreign exchange (FOREX) trading company. He guaranteed annual returns of at least 12% while actually losing nearly all the funds traded and using investor money for a lavish lifestyle, including private jets, luxury cars, and million-dollar homes. He was found guilty and sentenced to 23 years in federal prison.
- Arthur Nadel: Nadel, a former hedge fund manager operating out of a storefront in downtown Sarasota, was involved in one of the largest local schemes, costing his clients more than $160 million. He was sentenced to 14 years in prison in 2010.
- Beau Diamond (Diamond Ventures LLC): Diamond operated a…