Channel 4 says Hialeah Julio:
"...is being investigated for alleged acts of loan sharking, mortgage fraud and tax evasion, CBS4 News has learned. The investigation, confirmed by three law enforcement sources with direct knowledge of the ongoing federal probe, stems from allegations made against Robaina by Luis Felipe Perez, who plead guilty last year to operating a $45 million Ponzi scheme."
Watch the DeFede, CBS 4 video on Robaina -- it is bad for this wannabe Miami Dade County Mayor.
Lest we forget, on another front, Franscisco Alvardo goes into some of Hialeah Julio's questionable business dealings in the past, saying:
The department's investigation determined Robaina had committed ten violations of Florida's administrative code, including dishonest dealing, failing to maintain trust funds, and failing to comply with a subpoena. On July 18, 1994, Robaina signed a stipulation agreement that required him to pay a $2,000 fine.