Florida: A Ponzi schemer’s paradise

“We seem to attract more than our fair share of crooks and bums of all varieties,” said Charles Intriago, a former federal prosecutor and Miami-based financial crimes expert. “This seems to be a magnet for these folks.” Said Andrew Levi, a fellow ex-prosecutor: “Is this the Ponzi capital of the nation? I don’t know. But there’s no question that it’s one of the worst. “It’s definitely, unfortunately, a place where either Ponzi schemes have originated or where residents have been the target,” added Levi, who now heads the Miami office of Nardello and Co., the international investigative firm. More in the Miami Herald here.