Joseph A. DeMaria was quoted in the Daily Business Review article, "It's Getting Ugly Now In One Bal Harbour. Partner Wants $17.5 Million For Fraud." Full text can be found in the July 22, 2014, issue, but a synopsis is below.
The former co-owner of a now bankrupt Miami hotel and condominium development has sued his ex-business partner, alleging he was fraudulently convinced to lend $17.5 million for the condotel that was never intended to be repaid.
The defendant's attorney, Joseph DeMaria, says the plaintiff is "deflecting attention" after being pursued by the liquidating bankruptcy trustee.
"He claims he was left in the dark from the management of One Bal Harbour...," said DeMaria, who noted he has evidence that proves otherwise.
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