Feds Say Esformes Must Forfeit $38.7M In Laundering Case
Law360 (September 6, 2019, 9:57 PM EDT) -- The federal government requested a $38.7 million forfeiture money judgment Friday in connection with Miami-area nursing home mogul Philip Esformes' conviction earlier this year on money laundering charges.
The amount is equal to the funds the government said Esformes received in his personal accounts that were traceable to his various nursing facilities that were involved in the money laundering scheme, which a jury found him guilty of in April after a two-month trial in district court in Miami.
Esformes, 50, who was also convicted of paying and receiving kickbacks, bribery, and obstruction of justice, in what the government called the largest...
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