real-estate
DOJ: Miami man must forfeit mansions, Ferraris after $128M fraud scheme
Summary by The Miami Editorial Desk · Byline on the source page: B. Scott McLendon , as published by Miami New Times
· August 18, 2026
· 1 min read
Photo: Miami New Times · view original
Story provenance No corrections
Summary created by The Miami Editorial Desk — automated, rule-governed Byline on source page B. Scott McLendon, as published by Miami New Times Original story Read at the source Source published Aug 18, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log · Publisher’s note
Key points The total value of the fraud scheme was $128 million. Two mansions and a condo are among the properties that will be turned over, with the mansions located in Miami Beach and the condo in the Virgin Islands.
A man has been ordered to forfeit several luxury items as a result of a fraud scheme. The items to be forfeited include two Ferraris, as well as multiple properties. Two mansions and a condo are among the properties that will be turned over, with the mansions located in Miami Beach and the condo in the Virgin Islands.
The total value of the fraud scheme was $128 million. The forfeited items will go to the US government. Further details about the case are available from the source.
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Category: real-estate ·
Published: August 18, 2026 ·
Source: Miami New Times ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A man has been ordered to forfeit several luxury items as a result of a fraud scheme. The items to be forfeited include two Ferraris, as well as multiple properties. Two mansions and a condo are…
When was this published? This article was first published on August 18, 2026 by Miami New Times and curated for The Miami readers.
Who reported this story? This story was reported by B. Scott McLendon at Miami New Times. To learn more about how The Miami selects and reviews stories, see our editorial standards .
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