Four Palm Beach County residents were charged this week for their alleged involvement in a fraudulent time-share telemarketing ring known as Timeshare Mega Media and Marketing Group.
Michael Bleich, 36, formerly of Boca Raton, Diana Harrington, 65, of Boca Raton, Michael Vincent Scheel, 50, of Boca Raton and Milton Oliver, 37, of Boynton Beach are facing charges of conspiracy to commit mail fraud and wire fraud.
Also charged in the indictment are: Pasquale Pappalardo, 60, of Coral Springs; Pasqualino Agovino, 49, of Coral Springs; Patride Ditroia, 43, of Coral Springs; Louis Duany, 64, Wilton Manors; Audwin Lovinsky, 35, of Tamarac; Ibrahim Al-Dabbas, 47, Deerfield Beach; Ashley Lowton, 24, of Clermont; Charles Lee, 24, of Coral Springs; Kenneth Rockmore, 27, of Lauderhill; Ricardo Davis, 25, of Tamarac; and Clinton Ross, 57, of Redondo Beach, Calif.
So far, 41 defendants have been charged for their involvement, the U.S. Attorney’s Office said.
Pappalardo in June 2009 incorporated the company using Duany and Duany’s mother as nominee owners. Pappalardo acted as the co-owner of the company while Ditroia, Agovino and Duany helped run the company.
The defendants told customers who mostly lived outside of Florida that they successfully sold their time-share unit and asked the customer to pay a fee to finalize the deal. The fee, which was between $1,996 and $10,000, was said to be refunded at closing.
The defendants knew there were never any real buyers involved and ended up making about $5,000,000. Pappalardo received at least $300,000 in checks and hundreds of thousands of dollars in cash.