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Category: Business

Real estate Ponzi schemer, Alfano La Cava, pleads guilty

Real estate Ponzi schemer, Alfano La Cava, pleads guilty

A real estate broker who ran a $5 million Ponzi scheme in the Orlando area based on fake real estate has pleaded guilty.

But attorneys representing victims in civil lawsuits in Orlando said the scheme dated back years and included at least 100 victims and $40 million.

Leone Alfano La Cava, a former…

Would you pay $9.5M to stay in a space hotel?

Would you pay $9.5M to stay in a space hotel?

Orion Span, a California company, unveiled its ideas for Aurora Station on Thursday – a commercial space station that would house a luxury hotel.

It would probably launch from the Cape Canaveral area, a spokeswoman for the company said, depending on who ultimately is the launch partner.

Whether…

Universal Orlando plows ahead on expansion land

Universal Orlando plows ahead on expansion land

Universal is plowing ahead on plans to prepare hundreds of acres in Orlando for new development.

New plans for mass grading were filed recently with the South Florida Water Management District, for more than 200 acres south and east of the Lockheed Martin plant on Sand Lake Road.

The grading plans…

Orange Lake, Diamond Resorts sue timeshare cancellation attorney

Orange Lake, Diamond Resorts sue timeshare cancellation attorney

Orange Lake Resorts and Diamond Resorts, two big timeshare companies, are entrenched in a legal fight with Florida attorney Michael Finn, whose work is devoted entirely to canceling timeshare contracts.

The attorney, Michael Finn of Largo, has sued most of the major timeshare companies, many of…