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Miami Real Estate Developer Sentenced on Money Laundering and Tax Fraud Charges

Miami Real Estate Developer Sentenced on Money Laundering and Tax Fraud Charges

by Phil Hall | Aug 28, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Miami real estate developer was sentenced to 11 years and four months in prison following his guilty plea to money laundering and payroll tax conspiracy charges. Rishi Kapoor was the CEO of Location Ventures, a real estate development company that purported to...
Miami Real Estate Developer Sentenced on Money Laundering and Tax Fraud Charges

Miami Real Estate Developer Indicted for $85 Million Fraud Scheme

by Phil Hall | Mar 9, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Miami real estate developer has been indicted in federal court for orchestrating an $85 million fraud scheme, failing to pay millions in taxes, and lying to financial institutions to obtain funds to purchase a luxury yacht. According to court documents, Rishi Kapoor...

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