Boca Raton couple pleads guilty in $50M real estate investment fraud

A Boca Raton couple who scammed investors out of more than $50 million have pleaded guilty to charges related to real estate investment fraud. Jean Joseph, who has one previous criminal conviction from a separate 2019 case, pleaded guilty to conspiracy to commit money laundering. His plea came a month after co-defendant Janalie Camille Bingham, who also goes by Janalie Camille Joseph, pleaded guilty to wire fraud. Joseph and Bingham induced investors to pony up funds through their Wells Real Estate Investment firm from 2019 to 2024. They promised the money was secured by Wells’ valuable real estate, at one […]This article originally appeared on The Real Deal. Click here to read the full story.