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A $.6M Miami Ponzi scheme paid for private school, tennis lessons, nails, feds say


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Published in Stocks and Investing on Wednesday, November 27th 2024 at 20:01 GMT by Thomas Matters   Print publication without navigation

  • Money also went to credit card bills, a Mercedes-Benz and waxing, according to the Securities and Exchange Commission and Miami-Dade court documents.

The article from the Miami Herald discusses the ongoing issue of flooding in Miami-Dade County, exacerbated by climate change and rising sea levels. It highlights how recent heavy rains have overwhelmed the area's drainage systems, leading to significant disruptions in daily life, including flooded streets, homes, and businesses. The piece details the community's frustration with the slow pace of infrastructure improvements despite promises from local government officials. It also touches on the economic impact, with local businesses suffering losses due to inaccessible roads and property damage. Furthermore, the article mentions efforts by local authorities to address the problem through infrastructure projects like pump stations and elevated roads, but notes that these solutions are costly and time-consuming. The narrative includes personal stories from residents, illustrating the human toll of frequent flooding, and calls for more immediate and effective action to mitigate future occurrences.

Read the Full Miami Herald Article at [ https://www.miamiherald.com/news/local/community/miami-dade/article295705399.html ]

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