Written by :
Gilbert Horowitz
Published on :
(G911 News Wire) - Three condo units at the famed Fountaineblueau II in Miami Beach bought in 2005 for $1.44 million have sold for a combined $2.33 million at a live bankruptcy auction held jointly in Miami Beach and New York City. The condos were owned by convicted loan shark Mel Cooper. He was sent to prison in 1985 for participating in a racketeering operations allegedly tied to both the Gambino and Colombo Crime families.
Now free, Cooper will use the proceeds to pay off debts at one of his companies.
Cooper made headlines back in 2004 when he sued a former girlfriend to recoup the money he spent on her before she dumped him — $392,000, including interest.
- Gilbert Horowitz, Gambling911.com
