Evergreen is out of business. The fraud scheme is the largest in Florida history, court documents show.
Zylka will be sentenced July 16 in Manhattan's New York State Supreme Court. He faces prison time of six years to 18 years. Lawyers following the two-year-old case tell GlobeSt.com on condition of anonymity they are betting Zylka will get 10 years with probation.
The conviction allows Bill Cuthill Jr., the U.S. Bankruptcy Court-appointed trustee in Orlando to go after an estimated $8 million worth of Zylka's family stock assets in a startup Canadian mining company, court records show.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
