Ex-CFO Of Cay Clubs Gets 40 Years For $300M Ponzi Scheme

By Nathan Hale · May 4, 2017, 4:48 PM EDT

A Florida real estate executive convicted of running a $300 million Ponzi scheme out of luxury resort company Cay Clubs Resorts and Marinas was sentenced to 40 years in federal prison...

To view the full article, register now.

Documents

Case Information

Case Title

USA v. Schwarz

Case Number

4:16-cr-10039

Court

Florida Southern

Nature of Suit

Date Filed

October 11, 2016