Fraud case tied to escrow checks
Mark Brady seemed to have it all during the real estate boom — two title companies, BMWs, a Hummer, powerboats, a $2 million home on Merritt Island, an oceanside condominium in Cape Canaveral and three other riverfront properties.
Then, two days before Christmas, Brady was arrested — charged with illegally using $80,000 of his clients’ money from escrow accounts to pay off gambling debts in the Bahamas.
Brady pleaded not guilty and was released on $8,500 bail. Hearings and sworn testimony are scheduled to begin in November.
“This is a victimless crime,” Brady told FLORIDA TODAY by telephone from a cruise ship.