Attorneys for a Miami developer won a rare directed verdict in a criminal fraud case by showing the defendant relied on bad legal advice.

An Orlando federal judge granted a Rule 29 acquittal after the government rested its case, finding prosecutors failed to prove developer Rebecca Gheiler acted in bad faith when she offered condominium buyers incentives not disclosed in closing documents. The practice allegedly cost mortgage lenders more than $8.25 million.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]