Federal authorities have charged one-time real estate guru Anthony Cutaia with running a Ponzi scheme.
The charges filed Friday say the Boca Raton resident used his radio show on WSBR Radio and other stations to sell investments in a real estate scam. He allegedly collected money from investors, promising 8 percent return a quarter, but actually invested little of the money. The information does not say how much money Cutaia took in.
Cutaia’s wife Susan Cutaia also helped run the show, but
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