Receiver sells alleged predatory lender’s Jupiter home after her husband’s RICO sentencing

by Kate Hinsche

The Jupiter home of alleged predatory lender and fraudster Lisa McElhone sold out of receivership for $12.2 million.  The sale is part of a years-long federal case brought against McElhone and her husband, convicted fraudster Joseph LaForte, who was sentenced to 15.5 years in prison for RICO conspiracy, tax crimes, securities fraud and other related […]This article originally appeared on The Real Deal. Click here to read the full story.

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