A yacht, a Rolex, and a single digit: Inside Rishi Kapoor’s alleged fraud

Prosecutors say disgraced developer Rishi Kapoor allegedly inflated bank balances by millions to obtain loans to finance his luxury lifestyle.
By Nicholas Yee at Miami New Times · · 1 min read

Prosecutors say disgraced developer Rishi Kapoor allegedly inflated bank balances by millions to obtain loans to finance his luxury lifestyle.
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An 18-year-old Florida man who was reported missing while he was biking to the Florida Keys has been found safe, according to the sheriff's office.In a Facebook post, the St. Lucie County Sheriff's Office said that Jasper Frohock was found by the Monroe County Sheriff's Office in the Keys on THursda

The Coconut Grove Sailing Club has secured a landmark 40-year lease approval with the City of Miami, ensuring long-term stability for the historic waterfront institution and reinforcing its role as a cornerstone of the Coconut Grove community. Approved by the City of Miami Commission following month
A Florida man is facing several charges after he was accused of terrifying customers inside a Publix while armed with a knife, according to deputies.The Monroe County Sheriff's Office said John Paul Roberts, 50, of Umatilla, Florida, which is northwest of Orlando, was arrested Wednesday in the Flori

Developer Michael Klinger sold another mansion in Bal Harbour, marking the priciest home sale in the village this year and exceeding his initial expectations. Affiliates of Klinger’s Saber South Real Estate sold the 10,800-square-foot estate at 56 Bal Bay Drive for just shy of $43 million, according

Miami will showcase its work on flooding, extreme heat, resilient infrastructure, clean energy, and climate innovation during one of the world’s leading climate convenings. The City of Miami announced last week that Mayor Eileen Higgins will represent Miami at London Climate Action Week 2026, taking
Just three months into his tenure, North Miami Beach City Manager Darvin Williams is facing multiple legal challenges from current and former employees, including lawsuits and federal complaints alleging workplace misconduct, retaliation and wrongful employment actions.Williams, who was appointed ci

A new Miami bar and lounge has opened in Wynwood with elevated tapas, craft cocktails, and DJs that actually encourage dancing.
Hundreds of people voluntarily fled their homes and roads in Miami-Dade and Broward counties were shut down as crews continue their brave effort to extinguish large wildfires that broke out in South Florida this week.The Quarry 2 Fire, the bigger of the three wildfires burning in Miami-Dade, has so

Relationships are everything in real estate, but in this case, an agent claims ending romantic ties with a brokerage founder left him short of a commission share on a high-profile LVMH lease deal in downtown Miami. Robert Festinger sued Coral Gables-based Carvalho Commercial Real Estate and its foun

Prosecutors say disgraced developer Rishi Kapoor allegedly inflated bank balances by millions to obtain loans to finance his luxury lifestyle.

The show asks complete strangers to get legally married on the day they first meet.

City of Miami Fire Rescue units responded to the scene of the blaze at Austral Marina, located at 2190 NW North River Drive, at around 1:55 a.m. on Thursday. Crews arrived to find Upon arrival, two docked boats, each more than 30 feet long, fully engulfed in flames and threatening nearby vessels. Fi
Gasoline prices in the U.S. fell below $4 a gallon on Thursday for the first time in nearly three months, after surging as global oil prices shot up amid the war in Iran. The national average for a gallon of gas dropped to $3.99, the lowest level since March 30, according to AAA. Gas prices are stil
Miami real estate developer George Pino is standing trial in a case stemming from a 2022 boat crash in Biscayne Bay that killed one of his daughter's teen friends and left another passenger with life-altering injuries. Pino faces manslaughter and vessel homicide charges in connection with the crash

(AP) — Former President Barack Obama is getting a little help from his friends in celebrating the opening of his presidential museum in Chicago. The guestlist for Thursday’s dedication ceremony includes Bruce Springsteen, Stevie Wonder, Christina Aguilera and Bono, along with former Presidents Georg

Noah Bachow and partners won city approval to build 20 percent more multifamily units at 11 Andrews Avenue, a 27-story mixed-use development in downtown Fort Lauderdale. The Fort Lauderdale City Commission unanimously voted Tuesday to approve the developers’ proposals to raise the number of units fr
Arthur, a short-lived tropical storm and the first of this year's Atlantic hurricane season, lost some punch Wednesday after making landfall along the Gulf Coast of Texas. But it still has the potential to cause life-threatening flash flooding from Texas to Florida through the end of the week, the N

South Florida will continue to deal with dangerous heat, wildfire smoke, and scattered afternoon storms today. A Heat Advisory is in effect from Noon until 7pm for all of South Florida as heat index values climb between 105 and 110 degrees. High temperatures will reach the low to mid 90’s, but the c
The CBS News Miami NEXT Weather team has declared Thursday a NEXT Weather Alert day due to dangerous heat expected later.This graphic provides information the NEXT Weather Alert day that's in effect across South Florida on Thursday, June 18, 2026. CBS News Miami A heat advisory is in effect for all

🏆 New Building: The largest construction permit, valued at $164.5 million, is for The Well Coconut Grove development at 2835 Tigertail Avenue in Miami. David Martin’s Terra and AB Asset Management secured the permit for a 447,969-square-foot mixed-use project that includes condominium units and ret

🏆 Residential: The priciest recorded home sale was in Palm Beach for a new home at 239 Wells Road for $12 million. The seller was 239 Wells Road LLC and Morning Dew LLC was the buyer. The home has five bedrooms with seven full baths and two half baths. Spanning about 5,700 square feet, the price pe
An investigation is underway in Fort Lauderdale after officials said that a tiki hut and home caught fire early Thursday morning.According to Fort Lauderdale Fire Rescue, 911 callers reported a blaze along the 1800 block of Southwest 23rd Avenue just before 5:20 a.m.The first fire units arrived at t
Extreme and dangerous heat is continuing to tighten its grip across South Florida, and that has led to the CBS News Miami NEXT Weather Alert team to issue a NEXT Weather Alert day on Thursday.
A Miami Beach police officer was rushed to a local hospital on Wednesday night after she was injured in a crash, according to officials.
A Miami Beach police officer was rushed to a hospital on Wednesday night after being critically injured in a crash, according to officials.According to information provided by the Miami Beach Police Department, the crash was reported at the intersection of 9th Street and Meridian Avenue.The officer
The fight to contain and extinguish three wildfires burning in Miami-Dade is continuing on Thursday as hundreds of people voluntarily fled their homes and officials closed roads in the region. CBS News Miami's Bri Buckley has more on the fire fight.

Saint Brendan’s High School 2026 graduate Catalina Valdes won $5,000 from the Publix Carole Jenkins Barnett Community Scholarship. Valdes will use her scholarship money to go to Ball State University in Muncie, Indiana. She will major in interior design with a minor in Historic Preservation. “I’ve a

Miami Palmetto High School rising senior Gabrielle Kushner has garnered well over 1,000 community service hours in just three years of high school, and she is on track to earn many more. Her strong commitment to community service earned her the Mark Light Temple Beth Am Outstanding Service Award giv

Miami Palmetto High School rising senior Marcos Mendiola won the Paw the Teal Award at the school’s award ceremony this spring. The award is given to someone who is committed to community service and participates in the school. As of May, he had 480 community service hours, many earned volunteering

Kick off the summer season at Pinecrest Gardens with engaging youth programs, beautiful gardens to explore, and our award-winning farmers’ market. Whether you are seeking for your children to explore scientific skills at summer camp or looking to cheer on your favorite team at a watch party, the Gar

Panter, Panter & Sampedro (PPS) announced that it has awarded Ava Arosemena and Julian Garcia of Miami Palmetto Senior High School each with the 2026 scholarship. Ava Arosemena serves as the co-captain of the Variations dance team and is a youth group leader at her church. She is also the founder of

While many nonprofit organizations slow down during the summer months, others remain hard at work making a difference throughout our community. From therapeutic sailing programs for veterans to immersive virtual reality experiences and creative fundraising events, there is no shortage of opportuniti
Los Angeles — Damian Zermeño, 15, sensed something was wrong the moment he got home from school.His aunt sat at the dining table, sobbing. His father, who'd walked him to the bus stop that morning and promised to take him to dinner when he got back, wasn't there.Saúl Zermeñ

Miami Springs Senior High School senior Leonardo Rios sees the world a little differently, literally. In middle school, Rios suffered a torn retina that left him with 20/260 vision in one eye, a condition he describes as a block or wall in the center of his sight. But inside the art classroom, that

Santo Dulce! Churros and Ice Cream is marking the FIFA World Cup with Churros Mundiales, a limited-time sampler platter of stuffed churros, served at The Doral Yard in Miami-Dade and at Smorgasburg South Florida in Fort Lauderdale from June 11 through July 19. Guests can build a tasting flight two w
Tickets to the 2026 FIFA Men's World Cup may be scarce and very expensive, but there are several ways soccer fans can watch all 104 matches scheduled across the United States, Mexico and Canada in the tournament now underway. "Imagine, with this World Cup, a Super Bowl every single day for five week
The feels like temperatures will reach triple digits.
As of Wednesday night, three total wildfires are burning over 16,000 acres of land, which is bigger than the city of Hialeah.
Police say the officer is in stable condition.

A South Florida pet sitter spent nearly a week taking care of a clients two dogs only to have them return and not pay her. It was a lot of money for a single mother. So she called Help Me Howard with Brandon Beyer. Kara Hazelton has been running her pet sitter business for 20 years. An idea that she
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