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Tag: investment

Naples man to spend 18 months in prison for investment scam

TALLAHASSEE, Fla. — A former Naples resident has been sentenced to 18 months in prison for his role in an investment scam, officials said. Richard Leli is was offering investments in his Naples-based company, SW Florida’s Finest Tire and Auto, LLC, and didn’t follow through with promised returns. Leli convinced his victims to invest by persuading them that their money would supply the company with enough funds to lease a business space and purchase necessary machinery. However, an investigation found that the company was already up and running and that most of the money was used...

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