Florida Real Estate Agent on Run From FBI After Selling “Prime Subdivision Land”

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Buying Land In FloridaA Treasure Coast real estate agent, Freddy Junior Semprun, is on the run from the FBI after bilking investors out of a cool million dollars. Growing up on Long Island the classic line for kids when they would fool you is “You are so dumb, you want to buy some swampland down in Florida?”

We were not sure exactly what it meant, but it did mean you were played for a fool.

Well Freddy Samprun ran the newest Florida scam of selling prime subdivision land in the Fellsmere and Frostproof, two Florida towns, during the land rush with fake deeds and tax records. Once he learned that the Feds were after him, he split for the woods.

The good scams never die, do they.

Freddy Junior Semprun, 41, of the 1900 block of Southwest Panther Trace, fled the area last month after he learned the federal agency was pursuing charges against him on seven counts of mail fraud, agents said. A grand jury indicted Semprun Thursday.

Semprun made phony land deals with more than 50 investors who believed the land he was selling was in Fellsmere and Frostproof, according to indictment papers unsealed Tuesday. Semprun ran the scam for at least 3 1/2 years, investigators said. via TCPalm

Related posts:
  1. Florida Preacher Uses Radio Show To Commit Real Estate Fraud
  2. Florida Real Estate Community Tries To Make $8,000 Tax Credit Part of Down Payment
  3. International Vultures Flock To Florida Real Estate
  4. Land Patent Scheme To Avoide Foreclosure Busted In San Diego
  5. Hard Money Real Estate Investor Bilked Investors Out of 20 Million Dollars

There Is 1 Response So Far. »

  1. This is where real estate gets a bad name. “Caveat emptor!”

Post a Response

« Back to text comment
  • Popular

    Most Comments

    Search

    Tags

    Archives

  • Recent Comments

    • Wow, very sad; I didn't know the guy personally but he seemed like a nice guy. I still remember the ...
      Shelton | 4Jul09 | More
    • My Representative is one of the infamous eight Republicans who voted to support this disgraceful legislation, Frank LoBiondo in South ...
      Susan | 3Jul09 | More
    • When selling our homes, what takes place should be between the seller and the buyer. Not the government. ...
      sam | 3Jul09 | More
    • Yea I guess I would be mad or should I say disappointed if I missed the cut off date for ...
      Lauren | 3Jul09 | More
    • If you haven't read this bill I could easily see how one could support it. I mean the bill ...
      Corey K | 3Jul09 | More
    • Pain is gain. I really support this, and the change may be hard but it has to be done. ...
      M Realty | 3Jul09 | More
    • I can't tell you how many people I've talked to in the past week who are completely unaware that the ...
      Trish | 3Jul09 | More
    • The liberal government policies have facilitated the expansion of the foreign involvement in the Real Estate Investment sector.
      genetic cancer testing | 3Jul09 | More
    • We all know EPA has the most murders per 100k ever. 175 murders per 100k.
      hmmm | 3Jul09 | More
    • I am confused...I closed on my house 1 April 2008, I did not get $7500 pay back or $8000 no ...
      Jeff Hammack | 2Jul09 | More
  • Statistics

  • Friends

  • Recent Friends Visiting

  • Subscribe





    Get Updates Delivered Daily By E-Mail:

    Delivered by FeedBurner