Miami-Dade County

September 17, 2013

Miami businessman Claudio Osorio gets 12 years in prison for fraud conviction

Claudio Osorio, a Venezuelan native who rose to the top of Miami's business community, was humbled Wednesday when a federal judge sentenced him to 12 1/2 years in prison for stealing tens of millions of dollars from investors in his failed venture to build low-cost construction materials for housing in developing countries.

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