Arthur Falcone, a Boca Raton-based developer behind a downtown Miami project at the center of illegal campaign contribution allegations, has blazed a trail of lawsuits accusing him of swindling business associates and creditors out of tens of millions of dollars during the height of the real estate market crash.
According to two complaints filed in Miami-Dade and Palm Beach circuit courts, as well as filings in Fort Lauderdale bankruptcy court, Falcone committed fraud in three separate real estate-related transactions involving a cemetery, a national development company that went bankrupt and a prominent real estate broker who helped him secure various properties for the 10-block condo, hotel and retail site in downtown known as Miami World Center.
Falcone did not respond to two messages left on his office voicemail and two email requests for comment. Miami World Center spokesman Aaron Gordon said he could not comment on the lawsuits because he did not represent Falcone in those deals.
By Francisco Alvarado, FloridaBulldog.org, Special to SouthFloridaReporter.com Oct. 19, 2016
