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Case study: Greed, fraud and missed red flags - The rise and fall of Biscayne Capital - VinciWorks
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Case study: Greed, fraud and missed red flags - The rise and fall of Biscayne Capital - VinciWorks
In the early 2000s, Roberto Gustavo Cortes Ripalda was a rising star in the world of international finance. Charismatic, well-connected and trusted by friends, family and clients, Cortes, along with his business partner Ernesto Heraclito Weisson Pazmino founded a real estate development firm called South Bay. The idea was to transform struggling properties into high-end luxury homes and, in the process, create a profitable legacy. But when South…
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