USA v. MALVASIO

  1. June 08, 2026

    'Hard-Money' Lenders Stole Millions In Fees, Feds Tell Jury

    Two Florida men used their "hard-money" commercial real estate finance company to steal millions, prosecutors told a Manhattan federal jury Monday, calling their operation a scam designed to reap upfront fees before the defendants put up "roadblocks" to kill transactions.

  2. June 02, 2026

    Lenders Charged With $15M Fraud To Tell Jury Biz Was Legit

    Two Florida men accused of using "hard-money" commercial real estate finance companies to steal $15 million in customer fees told a Manhattan federal judge Tuesday they will challenge the charges at trial, including by arguing they made legitimate loans.

  3. August 10, 2023

    2 Who Ran NY Lender Charged With $12M Loansharking Scam

    Two men whose New York City lending company once sued an unhappy Florida borrower for libel over a negative online review were arrested Thursday and charged in Manhattan federal court with operating a $12 million advance-fee loansharking scheme.