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Florida Land Fraud #37193

ABC Evening News for Friday, May 16, 1975
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(Studio) Florida officials seek special funds from legislature to investigate Florida land fraud.
REPORTER: Howard K. Smith

(Fort Myers, Florida) 1100 victims of land fraud in Fort Myers alone. Land, often inaccessible, bears little resemblance to ads. Florida land sales board approved sales of lots 1 year after board found widespread fraud in many of these projects. [Investor A.D. BOSLEY - says he heard about land deal through paper, then called Chamber of Commerce for more details.] [Fort Myers state attorney Joseph D'ALESSANDRO - says real estate salesmen, attys., bankers, accountants, CPAs all had to be involved in land fraud for it to work.] State and fed, prosecutors and investigators met yesterday by Florida controller Gerald Lewis to coordinate crackdown. At meeting Fort Myers reporter Dick Dennis disclosed assistant attorney general outlined fraud year ago.
REPORTER: Charles Murphy

Reporter(s):
Murphy, Charles;
Smith, Howard K.
Duration:
00:02:40

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