Florida businessman, sued by Bulls’ Boozer for $1M, arrested for fraud

By Ben Golliver

Claudio Osorio, a Florida businessman sued last yearby Bulls forward Carlos Boozer for allegedly squandering a $1 million investment into a bogus company, has been arrested on a federal fraud indictment, the FBI announced Friday.

The South Florida Business Journal reports the wire fraud and major fraud charges involved InnoVida Holdings, a company that made “fiber composite panels” that could be used to build homes in developing countries, such as Haiti.

http://nba.si.com/2012/12/07/carlos-boozer-fraud-claudio-osorio-fraud-lawsuit/

About donnabalancia

Donna Balancia, Publisher
The Florida Law Journal