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From the staff of the Tampa Bay Times

Report: Jeb to return $270k paid by convicted fraudster



The South Florida Business Journal has a scoop:

Former Gov. Jeb Bush has agreed to return $270,000 that he was paid as a consultant to convicted fraudster Claudio Osorio and Osorio’s companies.

An agreement outlining Bush’s settlement payment was filed Thursday in bankruptcy court in Miami.

According to the agreement, Bush was paid $468,901 between December 2007 and September 2010 for consulting “plus reasonable expenses.”

Bush and his company, Jeb Bush & Associates, are repaying the money to Soneet Kapila, a court-appointed fiduciary who is collecting funds Osorio stole from other people and used to fund business operations at InnoVida Holdings, his housing panel manufacturing business.

Read the rest of their story here.

[Last modified: Friday, March 22, 2013 10:03am]


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