Hialeah Man's $40 million Ponzi Scheme Nets More Arrests
Nine more individuals have been criminally charged in the ongoing federal investigation into a $40 million ponzi scheme in Hialeah. The arrests come in the wake of news reports that the FBI and the Internal Revenue Service are investigating Hialeah Mayor Julio Robaina for alleged loan sharking, mortgage fraud and tax evasion based on his dealings with Luis Felipe Perez, the 38-year-old mastermind behind the scam. Perez, aka "Felipito," is cooperating with authorities, allegedly providing information about Robaina and other supposed white collar criminals in the City of Progress.
Get the ICYMI: Today's Top Stories Newsletter Our daily newsletter delivers quick clicks to keep you in the know
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in Miami, delivered to your inbox Monday through Friday.