FL - FBI arrests Leo Govoni, Clearwater entrepreneur, missing $100 million, wire & mail fraud & money laundering, 23 Jun 2025 *indicted*

[imstilla.grandma]

Gregory Kehoe, U.S. Attorney for the Middle District of Florida, speaks to reporters during a Monday press conference to announce the indictment of Clearwater businessperson Leo Govoni. He is charged with 15 counts related to theft of money from medical trust funds.

FBI arrests Leo Govoni after probe into missing $100 million

The Clearwater entrepreneur and a business associate were indicted for wire and mail fraud and money laundering funds stolen from medical trust funds.

www.tampabay.com

 

[Warwick1991]

Finally... The suffering from this man's activities are immense. Govoni resembles Madoff in some respects, with false statements of earnings. He's stolen a huge amount of money from disabled people and their families.

Florida Nonprofit Founder and Accountant Charged with Stealing Over $100M from Special Needs Victims

An indictment was unsealed today charging two Florida men in connection with a fraudulent scheme to steal over $100 million from a nonprofit organization that managed funds for people with special needs and disabilities.

www.justice.gov

 

[imstilla.grandma]

 

[imstilla.grandma]

 

[imstilla.grandma]

 

[tlcya]

TAMPA, Fla. (WFLA) — The Pinellas County businessman accused of draining millions from special needs trusts meant to help disabled people and their families has been criminally indicted.

Govoni’s personal accountant, John Witeck, was also arrested, the U.S. attorney’s office confirmed.
https://www.wfla.com/news/hillsboro...ty-businessman-leo-govoni-criminally-charged/

just wow. It doesn't get much more despicable than robbing from the elderly, disabled, and infirm. May he get every last thing he deserves.

 

[tlcya]

He told them he would invest and grow their money. With his business accountant, John Witeck, he produced reassuring financial statements every year showing their money was safe.

But in reality, Govoni siphoned roughly $100 million from more than 1,500 trust funds and lived a lavish lifestyle that included a private jet and executive suites at the Tampa Bay Buccaneers stadium and the Kentucky Derby, court records filed by the U.S. Attorney’s Office show. When a client needed money for a medical expense, he would take it from someone else’s account in a Ponzi-like scheme.
FBI arrests Leo Govoni after probe into missing $100 million