Federal criminal wire fraud and mail fraud charges continue to be filed in Miami fraud schemes

A trio of defendants have pleaded guilty to federal criminal fraud charges in Miami in connection with a mortgage fraud scheme that resulted in the issue of more than $2.5 million in fraudulent loans, according to the U.S. Attorney’s Office for the Southern District of Florida.

Our federal criminal defense lawyers in Miami provide experienced representation to clients facing fraud charges or other criminal allegations in federal court. As we continue to report on our Miami Criminal Attorney Blog, these cases are more frequently being prosecuted under federal mail fraud and wire fraud laws.

In this case, a mortgage broker, two loan processors and a straw buyer were implicated. The defendants lived in Pembroke Pines, Jupiter, Hollywood and North Lauderdale. Charges included making false statements on HUD documents and conspiracy to commit mail and wire fraud.

In other news, two hotel developers have pleaded not guilty to federal fraud charges in Fort Lauderdale after being accused of hiding more than $150 million from the Internal Revenue Services, according to Businessweek.

In this case, Mauricio Cohen Assor, 77 and his 46-year-old son, Leon Cohen Levy, face more than a decade in prison if convicted.

Both are set for trial on Sept. 7.

The men are accused of using shell companies to conceal ownership of $55 million in Miami Beach commercial properties, a $45 million investment portfolio, homes in New York and Florida and a fleet of luxury cars. They are also accused of failing to pay taxes on the earnings and assets.

Authorities allege the two men used numerous shell corporations to hid proceeds from the $33 million sale of the New York Flatotel in 2000. Lawyers for the men say they were employed by the companies and had no ownership stake.

The case is set for trial in the U.S. District Court for the Southern District of Florida.