January 8,2014- Fort Myers, Florida
An FBI Press Release announced that US DIstrict Judge John E. Steele sentenced 49 year old Anthony Michael Defeo of Punta Gorda, FL, to over nine years for wire fraud in connection with an investment scam in which investors were led to believe that they were investing in a company that involved gravel and fill to be used for road work on Interstate 75 on the west coast of Florida.
Defeo diverted over $6 million of investor funds to his personal use. He was also order to forfeit $5.7 million and to pay restitution to victims.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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