Rasmussen lives in Beaufort County, SC. He voluntarily turned himself in to the Collier County sheriff's office Feb. 22 to answer the charges. Naples is 180 miles northwest of Downtown Miami.

Collier County special prosecutor Michael Von Zamft is charging Rasmussen with one count of organized fraud and three counts of communication fraud.

According to the filed complaint, Von Zamft alleges the fraud occurred during attempts by Rasmussen and his Stadium Capital Inc. associates to raise $10 million from private investors for the planned 463-acre project next to Interstate 75, just south of the Collier County-Lee County line.

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