FORT LAUDERDALE, Fla. (AP) - A Fort Lauderdale man already accused of running a $40 million Ponzi scheme is facing new charges involving a $12 million bank fraud operation.
Federal prosecutors said Wednesday that 38-year-old Luis Felipe Perez and two other people conspired to submit false loan
applications to Wells Fargo bank to obtain commercial lines of credit. A bank employee and an accountant were also indicted.
The indictment says Perez recruited many of the customers so they could use the money to invest in businesses he controlled.
Perez was previously charged with running a Ponzi scheme involving false investments in pawn shops and jewelry businesses.
Perez's attorney did not immediately respond to an e-mail seeking comment.