2 associates of former Florida tax collector Joel Greenberg charged with federal charges in alleged real estate fraud scheme


ORLANDO, Fla .– Federal prosecutors investigating the crimes of former Seminole County collector Joel Greenberg have indicted two of Greenberg’s associates and charged them with a multi-million dollar real estate fraud scheme, according to a indictment unsealed Monday.

Authorities say Keith Ingersoll and James Adamczyk, working with other unnamed co-conspirators, bribed a $ 12 million Orlando area investor by persuading the investor to put money for more. half a dozen fraudulent real estate transactions in Florida, other states and The Bahamas.

Ingersoll and Adamcyzk told the investor that they needed the money to cover deposits on contracts they had signed to purchase various properties that they planned to immediately hand over to other buyers – including in least some were fabricated, according to the indictment.

They told the investor that the money would be held in receivership. But they and the other co-conspirators instead spent the money “for themselves and for their own personal benefit, including luxury cars, travel and adult entertainment,” according to the indictment. .

The indictment charges the two men with wire fraud, conspiracy to commit wire fraud, illegal money transactions and aggravated identity theft. They were arrested Monday, according to a federal court file.

Under the deal, Greenberg asked the tax collector’s office to buy a former bank building on State Road 434 for $ 810,000 in public cash – hours after a company recently formed by Adamcyzk had it. purchased for $ 680,000.

Records show Ingersoll – to whom Greenberg had contracted for $ 48,000 to serve as a real estate advisor – was also involved in the transaction on behalf of the tax office. Several of Greenberg’s other top advisers also helped negotiate the deal.

An auditor who subsequently reviewed the agreement wrote that “the acquisition of this property has written collusion everywhere.” The auditors also separately said they found “no evidence of work” from Ingersoll for his consultancy contract.

ABC News reported in June that Greenberg investigators had “contacted” Ingersoll as they focused on the contracts Greenberg handed out during his elected term.

KI Consulting Group – the entity through which Greenberg hired Ingersoll – and Shooters Orlando Inc. – which Adamczyk used to purchase the bank building which he immediately resold to the tax office – were named in the deed charge unsealed Monday.

Prosecutors say Ingersoll and Adamcyzk offered the victim of the fraud, who was not named in court records, 9% interest on their money. They claimed the properties were under contract but in some cases the owners had not even been contacted about the sale, according to the indictment.

To cover up the fraud, the couple provided the investor with fake real estate contracts and other documents, some of them with forged signatures or signed with fake names, prosecutors said. They also falsely claimed that buyers were lining up for the properties.

“(T) the potential buyers did not exist, had never been contacted about the purchase of the real estate or had refused to proceed with a transaction,” the indictment reads.

Meanwhile, the lawyer who the investor said held the money in escrow was not licensed to practice the law – his license having been suspended in 2008 and was never reinstated, the act says. ‘charge. The lawyer was not named in the document.

According to federal prosecutors, the suspended lawyer repeatedly directed large sums of money fraudulently obtained – nearly $ 1.2 million in a single transaction in January 2018 – into accounts held by Shooters Orlando or KI Consulting Group.

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Esther L. Steinbach