Miami Luxury Agent Pleads Guilty To PPP Fraud | Inman
To launder the funds, the U.S. Lawyer’s Workplace says Rendon enrolled with a payroll processor to situation fraudulent checks to herself, family and friends. The agent faces as much as 20 years in jail if convicted, although the federal government is reportedly recommending her sentence be diminished.
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A Miami luxurious actual property agent underneath investigation for misuse of federal pandemic aid funds has pleaded responsible to costs of fraud and cash laundering, based on a report in The Actual Deal.
Agent Daniela Rendon was indicted in February on two counts of cash laundering, seven counts of wire fraud and one depend of aggravated identification theft. After pleading responsible this week to wire fraud, the federal government is in search of to dismiss the opposite costs in opposition to her, based on the report.
Rendon’s fiance Eliasib Reyes, a finance supervisor at a South Florida BMW seller, was additionally indicted days earlier on comparable costs associated to her case.
Rendon is accused of submitting false functions to the federal Paycheck Safety Program by falsifying her income, payroll and IRS tax kinds, based on the federal grievance in opposition to her.
Rendon allegedly scammed the federal government out of roughly $381,000, based on the grievance. To launder the funds, the U.S. Lawyer’s Workplace says Rendon enrolled with a payroll processor to situation fraudulent checks to herself, family and friends members.
Rendon allegedly used cash from the PPP program to lease a 2021 Bentley Bentayga, pay her Biscayne Bay rental house, refinish her designer footwear and pay for a dermatology process, based on the federal government.
Reyes, her fiance, is equally accused of submitting fraudulent functions for Financial Harm Catastrophe loans, which he allegedly used to purchase a $20,000 Audemars Piguet Royal Oak watch, a $10,000 Rolex Oystersteel and Everose Gold, in addition to including $10,000 to his private brokerage account and paying off his bank card payments, based on The Actual Deal.
Rendon, who’s presently licensed with Status Empire Realty, has over 33,000 followers on Instagram the place she promotes photos of a lavish way of life — partying in Ibiza, lounging on yachts and having fun with lavish dinners. Her account was turned non-public when the costs in opposition to her had been first made public in February, however it has since been made public once more.
Rendon has labored on luxurious offers together with gross sales of models on the Estates at Acqualina, the Mansions at Acqualina and Bentley Residences.
Court docket filings additionally present that Rendon falsely claimed to be the top of the event firm Rendon PA, which she states generated between $92 and $100 million between early 2019 and 2020. In actuality, throughout that interval she was a gross sales affiliate for the Trump Group’s A3 Improvement, which not too long ago developed the Estates at Aqualina.
The agent faces as much as 20 years in jail if convicted, although the federal government is reportedly recommending her sentence be diminished. She may face a positive of $250,000.
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