After allegedly masterminding an elaborate fraud scheme, two Florida men could face multiple decades behind bars after they allegedly stole over $100 million in funds from a non-profit organization that was set up for the management of moneys to help people with disabilities and special needs.
According to the U.S. Department of Justice, Leo Joseph Govoni (67), of Clearwater in Florida, founded the Center for Special Needs Trust Administration around 2000. John Leo Witeck (60) of Tampa was employed by CSNT as an accountant.
This nonprofit manages court settlements, awards and other payments to people with special needs and disabilities.
According to the indictment, by 2024, CSNT would have managed more than 2,100 trusts for special needs containing about $200 million and beneficiaries from almost all states.
The DOJ claims that Govoni and Witeck, along with their unknown co-conspirators, stole CSNT funds from their clients and then hid their theft through complicated financial transactions. The DOJ alleges that they sent false account statements to their clients with a false balance.
Govoni is accused of using the stolen money to pay off personal debts, buy real estate and fund a brewery. According to the DOJ, he also enjoyed traveling by private plane.
The two men have been charged with wire fraud and conspiracy to commit it, as well as mail fraud. Govoni has also received additional charges for bank fraud, illegal money transactions, and false bankruptcy statements.
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As new information becomes available, this post Florida Duo Allegedly Stole $100,000,000 in funding Meant to Support Americans with Special Needs and Disabilities : DOJ might be updated.
