Leon Cohen-Levy and his father were arrested last week in New York on charges of fraud and tax evasion. The two were working together on the design for a new 93-story skyscraper in downtown Miami.
Authorities allege that the father-son pair hid $45 million in offshore accounts and stole corporate money for personal luxuries.
The two were principals in Miami-Beach-based Maclee Developments, which was given approval to construct the Empire World Towers at 330 Biscayne Blvd. in 2008.
They also owned a number of hotels, one of which they sold for $33 million in 2000 and did not pay tax returns for.
The pair has been accused of failing to file U.S. income tax returns, filing false income tax returns, falsifying tax reporting forms, and using nominee entities in foreign banks to conceal their income and assets from the IRS.
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