Connect with us

Politics

Leo Govoni found liable for $122M in missing medical trust money; court allows asset recovery

Published

on


Leo Govoni has been found liable for $122 million in missing funds from a bankrupt nonprofit he ran overseeing medical trust funds for more than 2,000 people with injuries and disabilities.

The ruling, handed down by Middle District of Florida Judge Roberta Colton, hits Govoni with a final judgment in a case brought against him by bankruptcy trustee Michael Goldberg. The judgment allows Goldberg to leverage Govoni’s assets to recoup funds, and issues a temporary restraining order against Govoni barring him from selling assets tied to the more than 100 companies he owns or that received funds from the Center for Special Needs Trust Administration, from which Govoni’s Boston Finance Group was given a $100 million loan.

The final judgment also requires Boston Financial Group to pay all “reasonable attorney’s fees and costs incurred in collecting under the promissory note.”

Goldberg is the Chapter 11 Trustee for the Center’s estate, listed in legal documents as the Debtor.

The judgment comes just weeks after Goldberg filed a motion in mid-December arguing Govoni still owed more than $122 million to the Center, which he founded.

At issue is $142 million in missing benefits for disabled people the special needs trust was supposed to administer. Govoni has been accused of using more than $100 million of the nonprofit’s funds to loan other businesses under his control. The organization filed for bankruptcy last February. It had been holding funds in trusts for disabled people for nearly a quarter century.

Attorney General Ashley Moody is suing Govoni and other defendants over the accusation they stole money from beneficiaries, “many of whom were already the victims of at least one horrific event resulting in debilitating personal injury,” according to her lawsuit.

As part of Govoni’s bankruptcy proceedings, he claims he owes $30 million. The final judgment this week supports Goldberg’s request for summary judgment for the larger $122 million sum. In his request for summary judgment, Goldberg’s attorneys wrote that his claim of owing just $30 million was “a self-serving and vague declaration” based on what Govoni “thinks he remembers interest payments to have been.”

The motion is the latest line of trouble for Govoni and his interests. Last month, Govoni’s son, LJ Govoni, stepped down as President of Big Storm Brewing, which has taken a huge hit amid his dad’s legal woes.

A criminal investigation into the elder Govoni and the missing funds at issue is ongoing by the FBI. Big Storm was once one of the state’s largest breweries, with tap rooms in Cape Coral, Odessa, Orlando, Ybor City and its flagship location on 49th Street in Pinellas County. Now, that flagship location is the last remaining.

The elder Govoni and Big Storm are also facing several lawsuits from landlords who say they are owed hundreds of thousands of dollars in unpaid rent, according to the Tampa Bay Times.

In July, a defendant in the lawsuit from Moody’s Office, reached a deal with plaintiffsKaren Fisher, who served as the Director and Secretary of the special needs trust, agreed to fully cooperate with officials in the ongoing investigation in return for suspending a $10,000 fine against her in the case.


Post Views: 0



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

Gov. DeSantis ready to ‘get in the game’ of migrant transfers to GITMO

Published

on


President Trump has ordered the Cuba-based detention center to be prepped for full capacity as part of his deportation push.

Saying Guantánamo Bay is a “hell of a lot closer” to Florida than Martha’s Vineyard, Ron DeSantis reiterated interest in sending migrants there in accordance with a Donald Trump executive order.

“I think it’d be a great place, quite frankly, to have criminal aliens,” DeSantis said Friday in Destin, adding that Florida is “going to be able to assist” moving undocumented immigrants to the base in Cuba.

The Governor has made this case all week that the state is a logical launching pad for deportations.

DeSantis posted to social media Wednesday that he’s “happy to send flights from Florida down that way with deportees in tow,” in the wake of Trump saying he’s telling the Departments of Defense and Homeland Security to “begin preparing the 30,000 person migrant facility at Guantánamo Bay” for an influx of undocumented immigrants.

“What better state to take advantage of that than the state of Florida,” he told podcaster Dave Rubin Tuesday.

DeSantis also said this week “deputized” state forces who can “make the same decisions” as Immigration and Customs Enforcement or the Border Patrol could also “take them back to Haiti or the Bahamas or wherever they are coming from, right on the spot” if they “intercept them on the sea.”

The Trump Executive Order calls “to expand the Migrant Operations Center at Naval Station Guantánamo Bay to full capacity to provide additional detention space for high-priority criminal aliens unlawfully present in the United States, and to address attendant immigration enforcement needs … in order to halt the border invasion, dismantle criminal cartels, and restore national sovereignty.”

It does not contemplate a state role in extradition or extraterritorial transport.


Post Views: 0



Source link

Continue Reading

Politics

GOP strategist Justin Hollis joins Weatherford Capital, will lead growth and partnerships

Published

on


Justin Hollis, a veteran consultant and political strategist, is joining Weatherford Capital as Vice President of Growth and Partnerships, the firm announced this month. 

Hollis previously served as a partner at The Southern Group, one of the state’s top lobbying firms by compensation and one of the top firms in the southeastern U.S. There, he forged valuable relationships with private investment firms and elected officials, making him an asset to Weatherford Capital, a firm co-founded by former Florida House Speaker Will Weatherford

“Justin’s exceptional leadership, keen understanding of policy, and unwavering commitment to excellence align with our mission,” said Weatherford, the firm’s managing partner. “As our portfolio companies continue to grow and transform industries, Justin will play an integral role in advancing that growth with his experience and relationships.”

Before his work with The Southern Group, Hollis was the executive director of the Beer Industry of Florida, where he advocated for the state’s largest beer distributors in one of the state’s most complex regulated industries. 

“I am thrilled to embark on this exciting new opportunity with the exceptional team at Weatherford Capital,” Hollis said. “Their investments are propelling some of the nation’s greatest innovations forward and yielding strong returns for their investors. With my experience in leadership, policy, and business development, I aim to advance those initiatives further.”

Hollis will be based in Weatherford Capital’s Tampa office, a short drive from Lakeland, where he lives with his wife Rachel and their two children. 

In addition to his service with The Southern Group and the Beer Industry of Florida, Hollis was one of former Agriculture Commissioner Adam Putnam’s longtime strategists. He also previously chaired Putnam’s political committee, Florida Grown PC, throughout Putnam’s unsuccessful gubernatorial campaign in 2018. With Hollis as chair, that committee reeled in more than $29.5 million in contributions.

Hollis quietly announced his departure from the Beer Industry of Florida earlier this month when the organization announced it was merging with the Florida Beer Wholesalers Association


Post Views: 0



Source link

Continue Reading

Politics

Anna Paulina Luna seeks significant restrictions on immigrants claiming asylum

Published

on


As Republicans look at changing legal immigration, Rep. Anna Paulina Luna wants Congress to change asylum rules.

She filed the House version of the Refugees Using Legal Entry Safely (RULES) Act.

“The days of open-border chaos are over,” the St. Petersburg Republican said.

Sen. Bernie Moreno, an Ohio Republican, filed similar legislation in the Senate earlier this month.

“I’m joining Senator Moreno in introducing the RULES Act to put an end to the rampant fraud and abuse in our asylum system. America is a nation of law and order—not a free-for-all for illegal aliens gaming the system,” Luna said.

“If you want asylum in the greatest country on Earth, you follow our rules, period. No more loopholes, no more catch-and-release, no more second chances for lawbreakers. We are taking our border back.”

The bill would restrict asylum claims only to those entering the country at legal ports of entry. It also stated individuals making any claims cannot be released or paroled into the U.S. until cases are adjudicated in court.

As written, the legislation would bar anyone denied asylum in the process to apply again at a later date. It would also prohibit anybody who had previously entered the country from seeking “this cherished humanitarian help.”

More than 100,000 individuals were granted asylum in the fiscal year that ended in 2024, President Joe Biden’s last year in office, according to the Immigration Policy Institute. By comparison, the last full year under President Donald Trump’s first term saw about 11,400 admissions to the U.S. on asylum claims.

Luna’s bill was filed after Trump took several steps to restrict legal immigration, including revoking humanitarian parole programs for Cubans, Venezuelans and Haitians in the United States. That is something other representatives from Florida, such as Rep. María Elvira Salazar, a Hialeah Republican, have asked the President to reconsider.

The Homeland Security Department also just vacated any extension of Temporary Protected Status for refugees of Venezuela.

It’s unclear how a change in asylum status and the restrictions on new applications would apply to individuals already in the United States who will lose legal status under the new changes.


Post Views: 0



Source link

Continue Reading

Trending

Copyright © Miami Select.