Miami Mortgage News

205- 5 things to know, including a guilty plea on tax evasion linked to $2.3M embezzled from UM

April 18th, 2017 6:49 PM by Nour Ailan

5 things to know, including a guilty plea on tax evasion linked to $2.3M embezzled from UM

Buenos días, South Florida.

A former top executive at the University of Miami pleaded guilty to tax evasion.

1. Millions embezzled, officials say

Former University of Miami Director of Finance Kimberly Jean Miller pleaded guilty to four counts of tax evasion related to her failure to report $2.3 million she embezzled from the university, the U.S. Attorney’s Office for the Southern District of Florida announced Wednesday. Miller was the director of finance at UM’s Virginia Key-based Rosenstiel School of Marine and Atmospheric Science between 2002 until 2012, according to a court document. Click here for more by reporter Nina Lincoff, including the specifics on the alleged embezzlement.

2. Broker branches out

Veteran commercial real estate broker Adam J. Tiktin has left Marcus & Millichap to start his own firm, and has taken some team members with him. He has over $800 million in transactions to his credit during his 18-year-long career - 15 of those with Marcus & Millichap. Titkin specializes in shopping center, single-tenant properties and office buildings. Click here to read more by senior reporter Brian Bandell, including the name and location of Tiktin's new firm.

3. Grossman honor

The Greater Fort Lauderdale Convention & Visitors Bureau will celebrate National Tourism Appreciation Day today with an industry luncheon at the Broward County Convention Center in Fort Lauderdale. And fittingly, the organization will honor president and CEO Nicki E. Grossman for her more than two decades of leadership and commitment toward boosting the region as a premiere tourism destination. This will be Grossman's final official appearance as the group's head before she retires. The Business Journal salutes her and wishes her the "Sunny-est" of retirements. Click here to read more about Grossman's legacy, including her efforts to attract LGBT and minority tourists to South Florida.

4. SoFla big on Airbnb

Hundreds of South Florida homeowners are turning to Airbnb to make extra cash, a practice that could eat into the profits of traditional hotels and other lodgers, indicates a study from the American Hotel & Lodging Association and the American Hotel & Lodging Education Foundation. The study also says the practice of using Airbnb is more prevalent here than in other large U.S. metros. including the other metros with the largest number of full-time Airbnb operators.

Posted in:Farah News
Posted by Nour Ailan on April 18th, 2017 6:49 PM


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