Accused of conspiring with the Mafia in a pump and dump mob scam
Felix H. Sater , a reputed mob associate who allegedly conspired with the Colombo crime family and other NY Mafia families to launder money and defraud investors had pleaded guilty and was awaiting sentencing in the $40 million swindle but investors in the Trump tower never knew — his arrest records were kept secret and sealed by the feds
Felix Sater and his partners launched a plan to put up a Trump tower in Fort Lauderdale — luring scores of investors. He is accused in a civil racketeering case of helping to hide millions from the failed Fort Lauderdale project but lawyers are fighting to expose Sater’s background who they allege stole millions while he was given sweeping protections by prosecutors. read more
