Tuesday, April 15, 2014

Fort Lauderdale jeweler Patrick Daoud gets house

Another Judge Marra/Fred Haddad matchup. From Paula McMahon:

Well-known Fort Lauderdale jeweler Patrick Daoud was sentenced to ten months of house arrest and two years of probation on Friday for helping to hide a huge 12.08 carat yellow diamond that Ponzi schemer Scott Rothstein's wife was attempting to conceal from federal authorities.

Daoud, 55,the owner of Daoud's Fine Jewelry in Fort Lauderdale, pleaded guilty to obstruction of justice last year.
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His crime, prosecutors said, was lying about the diamond under oath when he was summoned to a deposition in federal bankruptcy proceedings in November 2011. He testified that he never received or kept the diamond and later, in June 2012, returned it to Weisman.

"He had the opportunity to do the right thing and chose not to," Assistant U.S. Attorney Lawrence LaVecchio said in court.

Daoud's lawyer, Fred Haddad, said that Daoud was "deliberately kept in the dark" and knew nothing of Rothstein's attempt to hide jewelry and other assets to try to keep her financially afloat after her husband's $1.4 billion investment fraud scheme was exposed in October 2009.

Daoud panicked when he figured out what was going on and got involved in a "misguided attempt to protect" Weisman – who he knew from attending charitable events – and his investment, Haddad said.

"Aside from losing a large sum of money in purchasing the ring, the embarrassment in a community where he is so well-known, [Daoud] has also been branded a felon, with a resultant loss of business," Haddad wrote.

When U.S. District Judge Kenneth Marra asked Daoud if he wanted to say anything before he was sentenced, Daoud hesitantly replied: "I'd rather not."

9 comments:

  1. http://www.palmbeachpost.com/news/news/crime-law/polo-mogul-goodman-sued-for-failure-to-pay-expert-/nfZzG/?ecmp=pbp_social_facebook_2014_sfp MO MONEY, MO MONEY, MO MONEY- no one can command the resources to fight the power and purse of the state...not even Goodman.

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  2. http://www.sun-sentinel.com/news/fl-davie-lawyer-taxes-20140415,0,7648182.story?track=rss MY BAD!

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  3. http://www.miamiherald.com/2014/04/15/4061722/miami-dade-cops-bust-five-guys.html first, fake lawyer, now fake cops, this is a failing service economy.

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  4. http://miami.cbslocal.com/2014/04/15/convicted-child-abuser-accused-of-posing-as-attorney/

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  5. Anonymous8:07 AM

    My garbage was picked up late today. I dont like the way the guys just throw the rubbish cans back on my lawn.

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  6. You should post your complaint on their blog. This blog is about the law, etc, and not about that topic.

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  7. Anonymous9:01 AM

    The trucks needs to be cleaned better. They are stinky. this is not appropriate for Coral Gables. Please handle.

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  8. Anonymous9:02 AM

    http://www.theyeshivaworld.com/news/headlines-breaking-stories/225369/miami-extra-trash-pickup-information-for-erev-pesach-5774.html

    ReplyDelete
  9. http://www.politicalcortadito.com/2014/04/16/carlos-hernandez-testifies-in-robaina-trial-admits-crime/ Prosecutorial discretion at its worst, acting hialeah mayor hernandez made queen for the day as he accepts hat he has been denying for months. Why didnt the feds get him off his elected post at least in exchange for immunity? when prosecutorial discretion is used in this way, everyone loses, not just Robaina

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