4

Jeff Greene: Supposedly Defrauded California Elderly, Can Do the Same for Us!

^
Keep New Times Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of South Florida and help keep the future of New Times free.

Earlier this week, I reported on how Jeff Greene was smarter than you when the housing market collapsed and how somehow he thought that meant you should vote for him. If you liked that one, Florida, you're going to love this one: Greene is currently being sued for allegedly defrauding a group of California senior citizens in a bad land deal.


According to the complaint and summons, Greene created a subdivision without proper permission from the Coastal Commission, then sold it all to a felon. A felon convicted of what, you may ask? Oh, just some bank fraud. No big. Steven Reeder was likely a buddy of Greene's.

Reeder's appraiser told the seniors that the land was worth five times what he had paid Greene for it, based on probably intentionally faulty logic (again, the Coastal Commission did not approve of any of this). In the end, Reeder made big money by making the seniors give him loans. And when Reeder got his money, so did Greene.

Pretty clever, huh? Maybe we should vote for him after all.

Keep New Times Broward-Palm Beach Free... Since we started New Times Broward-Palm Beach, it has been defined as the free, independent voice of South Florida, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering South Florida with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the New Times community and help support independent local journalism in South Florida.

 

Join the New Times community and help support independent local journalism in South Florida.