Miami Developer Rishi Kapoor Sentenced To 11 Years In Prison
Prosecutors said Rishi Kapoor diverted investor money for a yacht, a home and taxes while most promised projects were never built.
4 Articles
4 Articles
Miami Developer Rishi Kapoor Sentenced To 11 Years In Prison
Miami developer Rishi Kapoor was the CEO of Location Ventures. Developer Rishi Kapoor, a once-rising star in Miami’s real estate world who made inroads in South Florida political circles, was sentenced to 11 years and four months in prison Thursday after pleading guilty to a pair of money-laundering and payroll-tax conspiracy charges stemming from a federal indictment accusing him of directing an $89 million fraud scheme. Appearing before U.S. D…
Miami developer sentenced to 11 years in prison in $85 million fraud scheme
Rishi Kapoor was sentenced Thursday to 11 years and 4 months in prison, followed by three years of supervised release, with restitution to be determined later, court records showed.
Who is Rishi Kapoor? Indian-origin real estate developer sentenced to 11 years in $89 million fraud case - THE LOCAL REPORT ARTICLES
Rishi Kapoor, a real estate developer of Indian descent, has received a sentence of 11 years and four months in prison from a US federal court due to a real estate fraud case that involved nearly $89 million, equivalent to approximately ₹745 crore. Rishi Kapoor is sentenced to 11 years in US prison for a […] The post Who is Rishi Kapoor? Indian-origin real estate developer sentenced to 11 years in $89 million fraud case appeared first on THE LOC…
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