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Tag: fraud

Cape Coral financial advisor sentenced for over $1 million fraud

Written by Cape Coral Mortgage Syndicated User on . Posted in Cape Coral Mortgage, Mortgage Cape Coral.

CAPE CORAL, Fla. – A former financial advisor in Cape Coral was sentenced to five years in prison for defrauding clients. David Rockwell, 45, was sentenced to five years in federal prison for wire and bank fraud, according to the Department of Justice. The court also entered a money judgment of $1,018,000, the proceeds of his wire and bank fraud. Rockwell pleaded guilty on Jan. 14. Rockwell managed investment and retirement accounts for his clients, according to court documents. Prosecutors said he started defrauding clients and misappropriating his clients’ funds for his own purpose....

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Man steals credit card, spends $1,400 in Lee County stores

Written by Cape Coral Mortgage Syndicated User on . Posted in Cape Coral Mortgage, Mortgage Cape Coral.

LEHIGH ACRES, Fla. – A man stole someone’s credit card and spent over $1,400 at a local gas station and Walmart on Wednesday. Southwest Florida Crime Stoppers said they are looking for the man involved in the credit card fraud and grant theft case. The suspect stole the victim’s credit card at an Olive Garden in Cape Coral. Crime Stoppers said fraudulent transactions were made at RaceTrac in North Fort Myers and the Walmart on Lee Boulevard in Lehigh Acres. In total, the suspect used $1,400 on the victim’s credit card, according to local investigators. Crime Stoppers...

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DEO trying to combat scammers running unemployment scheme

Written by Cape Coral Mortgage Syndicated User on . Posted in Cape Coral Mortgage, Mortgage Cape Coral.

Sophisticated scammers could be claiming thousands in unemployment money, in your name, even if you’re not unemployed. It’s just the latest problem plaguing Florida’s department of economic opportunity. The DEO is aware of the problem but can’t say how much money has been stolen. DEO Director Dane Eagle confirms the matter is being investigated with federal officials. Unemployment claims are being stolen right out from under people who want to claim their money.  High tech scammers are stealing what could be millions of dollars. Alex Kouse was one of...

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Federal government to investigate PPP loan fraud

Written by Cape Coral Mortgage Syndicated User on . Posted in Business, Cape Coral Mortgage, Mortgage Cape Coral.

FORT MYERS, Fla. – Over the last year and a half, billions of taxpayer dollars were sent to companies struggling during the height of the pandemic. The U.S. government has good reason to believe it wasn’t all legitimate. More than 900,000 companies in Florida alone applied for money from The Paycheck Protection Program known as PPP. A number of businesses like the Broadway Palm Dinner Theater in Fort Myers were able to secure a PPP loan to keep their doors open and keep people employed. The federal government said not every company secured loans quite so honestly. Broadway...

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