Accountant who conspired with Canadian suspect gets prison time for $10M fraud

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A Broward accountant who admitted he took part in a $10 million investment fraud was sentenced to more than eight years in federal prison on Tuesday, court records show. Bruce Kane, 62, of Fort Lauderdale, told agents he got involved in the fraud so that he and his wife could “live the lifestyle we always wanted.” 

Kane used the money on a lavish lifestyle

He said he used the money on a lavish lifestyle, which included buying exotic cars and renting a waterfront home, authorities said. A Plantation man, Burton Greenberg, 76, who also admitted his guilt, is already serving an eight-year federal prison term for his role in the fraud. A third suspect, Senol Taskin, formerly of Ontario, Canada, is believed to be a fugitive in Turkey, authorities said. They have been ordered to pay full restitution to the victims. 

Read more at The Sun Sentinel.

This article is summarized by Canadian Fraud News Inc.