Florida real estate broker Christopher White has been sentenced to three years and five months in federal prison for engaging in a multi-million dollar scheme to steal money from real estate investors. White, A Jamaican national, plead guilty to 10 federal charges including wire fraud and making false statements on his U.S. citizenship application. As part of his sentence, he will be deported to Jamaica, required to pay over $4 million in fines, and forced to surrender his Florida real estate license.
White ran the Chris White Group, a high-end real estate company that sold homes in Broward, Palm Beach, and Miami-Dade counties. While seemingly upfront at first, White eventually began to use large client deposits to pay off debts and personal expenses instead of placing them in escrow where they belonged. It is estimated his real estate fraud involved over $5.5 million in misappropriated funds.
The attorneys at Colling Gilbert Right & Carter stand on the side of those who have lost money to unscrupulous stock and real estate brokers. If you are in need of an attorney, please contact us today to schedule your free consultation.
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