Subscribe-to-CVN-Blog-Graphic-small.png

Multi-Million-Dollar Verdict Hits Florida Developer for His Scheme to Defraud Subway Founder in Massive Land Project

Posted by Arlin Crisco on Feb 13, 2017 3:15:11 PM

 

Richard Hutchison delivers his closing statement during the fraud and breach of contract trial stemming from the failed Destiny development project in Florida. 


West Palm Beach, FL—Jurors Friday cleared Subway founder Fred DeLuca of responsibility for the alleged breach of a massive land development agreement, and they handed down a to-be-trebled $2.9 million verdict against his partners, a Florida real estate developer and his business manager, for their role in a scheme to defraud DeLuca. FD Destiny v. AVP Destiny, 2009CA029903. 

Read More

Topics: Fraud, Real Estate, Florida, FD Destiny v. AVP Destiny, Contract