By Jonathan Stempel NEW YORK (Reuters) - A Florida man who masterminded a "brazen, sophisticated" scheme to defraud banks into providing about $134 mi.
A Manhattan federal judge on Friday sentenced Florida private equity manager Elliot Smerling to eight years in prison for defrauding two banks of over $140 million in order to bankroll a lavish lifestyle, faulting him for a "brazen" eight-year fraud.
By Jonathan Stempel NEW YORK (Reuters) - A Florida man who masterminded a "brazen, sophisticated" scheme to defraud banks into providing about $134 mi.