Couple may face prison time in Southwest Florida real estate scam
A decade ago in New York, where Wall Street held the promise of riches, Ronald Luczak started selling securities.
He ended up in jail instead. He was one of 13 defendants in a stock-trading scam, pleading guilty to a federal fraud charge and receiving a 30-month prison sentence.
By the summer of 2005, he was on supervised release and settled with his family in Southwest Florida. This time the promised riches were in real estate.
With his wife, Lisa Luczak, who opened Cape Coral Equity and Development Group that fall, real estate ended up being his trade. But he continued his previous profession, too.