Real Estate Broker Charged With Wire Fraud for Taking Client Deposits

Allison Tussey —  November 11, 2014 — 1 Comment

Christopher Wayne White, 43, Fort Lauderdale, Florida, has been charged with three counts of wire fraud for his alleged role in receiving almost $600,000 from three clients, but then refusing to return the escrow deposits. If convicted, White faces a maximum penalty of twenty years in prison, five years supervised release and a fine of up to $250,000 for each count.

According to the criminal complaint, White was a licensed real estate broker and owner and operator of the Christopher White Group, Fort Lauderdale.  White obtained three real estate deposits totaling approximately $595,000 – in the amounts of $300,000, $150,000 and $145,000 – via wire transfers involving properties in Broward County, Florida, from three individuals and White refused to return the escrow deposits.

The Secretary of Florida’s Department of Business and Professional Regulation ordered an emergency suspension of his real estate broker’s license.  Any victims or individuals with additional information should contact the FBI Field Office in Miami at 305-944-9101.

Wifredo A. Ferrer, United States Attorney for the Southern District of Florida and George L. Piro, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office, announced the charges.

Mr. Ferrer commended the investigative efforts of the FBI and thanked Florida’s Department of Business and Professional Regulation for their assistance. The case is being prosecuted by Assistant U.S. Attorneys Randy Katz and Thomas P. Lanigan.

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Allison Tussey

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One response to Real Estate Broker Charged With Wire Fraud for Taking Client Deposits

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