Federal Judge Sentences Miami Developer Rishi Kapoor to 11 Years for Investor Fraud

By Anna D'Amico · Realtor.com · 2026-10-01

Realtor.com reports that South Florida real estate figure Rishi Kapoor has been ordered to serve over 11 years in federal prison for orchestrating an $89 million scam. The former Location Ventures CEO admitted to laundering money and failing to pay payroll taxes while diverting c

Realtor.com reports that South Florida real estate figure Rishi Kapoor has been ordered to serve over 11 years in federal prison for orchestrating an $89 million scam. The former Location Ventures CEO admitted to laundering money and failing to pay payroll taxes while diverting c