Feds dismiss charges against Brazilian in Miami bank-fraud case

Brazilian Arnaldo Prado flew into Miami for Easter weekend to visit with his mother on exclusive Fisher Island. Prado had made the trip many times before, but this one would be different.

More than a dozen FBI agents arrested him and his mother, Maura Lopes, on charges of participating in a multimillion-dollar mortgage fraud scheme along with four others — including the mother’s ex-husband, who is Prado’s former stepfather.

 But after Prado was jailed without bond for six months at a federal detention center in Miami, the U.S. attorney’s office dismissed the charges this week against the 34-year-old sugar farmer — without explanation.

 

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Rachel Dollar

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