We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Minkow Pleads Guilty In Lennar Conspiracy Suit

Law360 (March 30, 2011, 7:26 PM EDT) -- Financial fraud investigator and ex-convict Barry Minkow pled guilty in Florida on Wednesday to one count of conspiracy to commit securities fraud in a scheme to extort money from Miami home builder Lennar Corp.

Minkow, who faces a prison sentence of up to five years and may have to pay more than $500 million in restitution, agreed to cooperate with investigators, according to a plea agreement filed in the U.S. District Court for the Southern District of Florida.

Minkow, who became an investigator after serving seven...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.