Share This Profile
Share this profile on Facebook.
Link to this profile on LinkedIn.
Tweet this profile on Twitter.
Email a link to this profile.
See other services through which you can share this profile.
This profile was last updated on 6/15/04  and contains information from public web pages.

Owner

North Palm Beach
 
Background

Employment History

  • Vice President
    Advantage Bank
6 Total References
Web References
Year's fraud recaps remind locals, 'Buyer beware'
www.palmbeachpost.com, 15 June 2004 [cached]
Eduardo Godoy, former vice president of Advantage Bank in North Palm Beach, faces sentencing after pleading guilty to loan fraud, money laundering and mail fraud.
Godoy collected personal bank loans of about $1 million by pledging investments that didn't exist.Godoy hid the proceeds by buying stock in his parents' names.
• Workers compensation fraud.
The owner of a North Palm Beach painting contractor was arrested in April on a grand theft charge after he allegedly lied about his payroll to avoid paying workers compensation insurance premiums.
Fla. CFO Releases Annual Top 10 Fraud List
www.insurancejournal.com [cached]
* Rolling the Dough- Eduardo Godoy, former vice president of Advantage Bank in North Palm Beach, is facing sentencing in July after pleading guilty to loan fraud, money laundering and mail fraud.Godoy collected personal bank loans of about $1 million by pledging fraudulent investment statements.The pledged investments did not exist.Godoy reportedly laundered the loan money by purchasing stock in his parents' names.
* Painting the Wrong Picture- The owner of a North Palm Beach painting company was arrested in April on a grand theft charge after he allegedly lied about his payroll to avoid paying workers' compensation premiums.Investigators said that the owner of All Brothers' Painting Inc., intentionally failed to disclose the payment of more than $537,000 to uninsured subcontractors.As a result, he reportedly avoided paying nearly $100,000 in workers' comp premiums.Investigators said he was even present at a policy year-end audit and failed to reveal the payments.
Florida Insurance Council
www.flains.org, 14 June 2004 [cached]
Rolling the Dough - Eduardo Godoy, former vice president of Advantage Bank in North Palm Beach, is facing sentencing in July after pleading guilty to loan fraud, money laundering and mail fraud.Godoy collected personal bank loans of about $1 million by pledging fraudulent investment statements.The pledged investments did not exist.Godoy laundered the loan money by purchasing stock in his parents' names.
Painting the Wrong Picture -The owner of a North Palm Beach painting company was arrested in April on a grand theft charge after he allegedly lied about his payroll to avoid paying workers' compensation premiums.Investigators said that the owner of All Brothers' Painting, Inc., intentionally failed to disclose the payment of more than $537,000 to uninsured subcontractors.As a result, he avoided paying nearly $100,000 in workers' compensation premiums.Investigators said he was even present at a policy year-end audit and failed to reveal the payments.
Media Release
www.fldfs.com, 8 Mar 2004 [cached]
MIAMI--Marcos Daniel Jimenez, United States Attorney for the Southern District of Florida; Jonathan I. Solomon, Special Agent in Charge, Federal Bureau of Investigation, and Don B. Saxon, Director, State of Florida, Office of Financial Regulation announced today that a federal grand jury indicted Eduardo Godoy, former Vice-President of Advantage Bank in North Palm Beach, Florida.
...
Godoy is scheduled for an initial appearance in federal court in West Palm Beach on Monday, March 8, 2004 at 10:00 a.m.
As alleged in the indictment, in May 2001, Godoy, while he was a Vice-President of Advantage Bank, spoke to a client of an investment firm known as Pheonix Financial and confirmed that Pheonix had purchased on her behalf a $1 million certificate of deposit held overseas by Advantage Bank, when no such CD existed.The indictment also alleges that in October 2001, Godoy received approximately $1 million in personal bank loans by pledging fraudulent investment statements from Pheonix.The statements were false in that they showed Godoy maintaining over $800,000 in non-existent investments.The indictment further alleges that Godoy laundered the loan money he received by using it to purchase stock in the names of his parents in a company called American Ammunition.
FLOFR Press Release - 03/08/2004 - FORMER BANK VICE PRESIDENT INDICTED IN FRAUD SCHEME
www.flofr.com, 8 Mar 2004 [cached]
MIAMI--Marcos Daniel Jimenez, United States Attorney for the Southern District of Florida; Jonathan I. Solomon, Special Agent in Charge, Federal Bureau of Investigation, and Don B. Saxon, Director, State of Florida, Office of Financial Regulation announced today that a federal grand jury indicted Eduardo Godoy, former Vice-President of Advantage Bank in North Palm Beach, Florida.
...
Godoy is scheduled for an initial appearance in federal court in West Palm Beach on Monday, March 8, 2004 at 10:00 a.m.
As alleged in the indictment, in May 2001, Godoy, while he was a Vice-President of Advantage Bank, spoke to a client of an investment firm known as Pheonix Financial and confirmed that Pheonix had purchased on her behalf a $1 million certificate of deposit held overseas by Advantage Bank, when no such CD existed. The indictment also alleges that in October 2001, Godoy received approximately $1 million in personal bank loans by pledging fraudulent investment statements from Pheonix. The statements were false in that they showed Godoy maintaining over $800,000 in non-existent investments. The indictment further alleges that Godoy laundered the loan money he received by using it to purchase stock in the names of his parents in a company called American Ammunition.
Other People with the name "Godoy":
Other ZoomInfo Searches
Accelerate your business with the industry's most comprehensive profiles on business people and companies.
Find business contacts by city, industry and title. Our B2B directory has just-verified and in-depth profiles, plus the market's top tools for searching, targeting and tracking.
Atlanta | Boston | Chicago | Houston | Los Angeles | New York
Browse ZoomInfo's business people directory. Our professional profiles include verified contact information, biography, work history, affiliations and more.
Browse ZoomInfo's company directory. Our company profiles include corporate background information, detailed descriptions, and links to comprehensive employee profiles with verified contact information.
zirhbt201304