Miami Developer Gets 11 Years in Prison for $89 Million Investor Scam To Fund His Lavish Lifestyle

Real Estate News · October 1, 2026 · Updated October 2, 2026 · Source: Realtor.com

Miami Developer Gets 11 Years in Prison for $89 Million Investor Scam To Fund His Lavish Lifestyle

After pleading guilty to money laundering and conspiracy to fail to pay payroll taxes, Rishi Kapoor was sentenced to 136 months in prison.

Read the full article on Realtor.com

Topics: Trends, Crime, Fraud and Scams, Lawsuits, Real Estate Developer

More Real Estate News

Homebuyers Gain the Upper Hand as Active Listings Surge—With the Biggest Increases in These 3 Cities — October 2, 2026 · Realtor.com
Louisiana Family Is Accused of Torching 13 Homes in Elaborate Insurance Fraud Scheme — October 1, 2026 · Realtor.com
Josh Duhamel Reveals Hollywood Warning After Selling $3.4 Million L.A. Home and Embracing Midwest Life — October 1, 2026 · Realtor.com
Maryland Bans ‘Check in the Mail’ Homebuying Tactic — October 1, 2026 · Realtor.com
Your AC Survived the Summer. Will It Survive Your Neglect This Fall? — October 1, 2026 · Realtor.com
How the Winning ‘Totally ’90s House’ Team Will Use Its $22K Prize To Help the ‘Huge Housing Crisis’ — October 1, 2026 · Realtor.com