Broward News

Palm Beach Gardens Snowbird Loves Alma Mater So Much, He Allegedly Shared Fraud Loot

Baseball's a funny sport. If you steal a bunch of bases, they put you in the Hall of Fame. But if you steal $15 million, they slap you with a felony indictment -- even though Vincent Mazzuto sent some of that wealth to the Yale baseball team.

According to today's story in the New York Times, Mazzuto is accused of using the proceeds of a $60-million pump-and-dump scheme to also purchase a $2.5 million home in Palm Beach Gardens. (If so, the property is no longer listed under his name at Palm Beach County Property Appraiser site.)

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'd like to keep it that way. With local media under siege, it's more important than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" program, allowing us to keep offering readers access to our incisive coverage of local news, food and culture with no paywalls.
Thomas Francis