A Florida man has been convicted of charges related to a scam in which he sold swampland to several Miami residents for vastly inflated amounts.
Dudley Cohn was convicted of one count of organized scheme to defraud, a first-degree felony, by a Miami-Dade jury after a two-week trial. In the late 1980s, Dudley Cohn sold vacant land to 13 individuals in an area known as the East Everglades. Cohn charged the victims $15,000 for the 1.25-acre lots that were later appraised by the federal government as being worth about one-tenth of that amount.
Victims testified they were mislead by claims the land was suitable for building and that roads would be built to their property. Cohn did not disclose that the County had determined that no roads would be built and the land was unsuitable for development
Sentencing for Cohn is set for April 10. He faces up to 30 years in prison and must make full restitution to his victims.
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