June 10, 2025

South Florida

Funds

Ex-Hialeah police chief Sergio Velazquez arrested in alleged theft of public funds spent on Rolex, Cartier, authorities say

A former Hialeah police chief was arrested Monday following an investigation into allegations that he stole hundreds of thousands of dollars in public funds, officials said. Alleged misuse of police funds and financial structuring Miami-Dade State Attorney Katherine Fernandez Rundle said Sergio Velazquez, 62, who served as chief from 2012 until his suspension in 2021,

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Crypto

Cryptocurrency Billionaire Sells His South Florida Penthouse for $28.6 Million

Adam Weitsman is the billionaire owner/CEO of Upstate Shredding – Weitsman Recycling, a scrap metal processing company in Owego, New York. He is also the founder and owner of Viridium LLC, a cryptocurrency mining company. Weitsman recently sold his two-story penthouse on Florida’s Sunny Isles Beach for $28.6 million. His home is featured this week

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Loans

As Education Department resumes student loans collection, South Florida borrowers struggle to restart repayments

In less than two weeks, the U.S. Department of Education will resume collecting student loans in default and that means millions of borrowers will have to start making payments or risk having their wages garnished. After years of paused student loan payments, millions of borrowers are still struggling to restart repayment, and some, like Conrad

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