Wealthy Wellington Developer Glenn Straub Arrested Over Liens
The developer of the Palm Beach Polo Golf and Country Club was jailed on charges of filing false liens and larceny.
January 17, 2020 at 01:44 PM
4 minute read
Litigious Wellington developer Glenn Straub was arrested Friday after an extended investigation on charges of filing fraudulent liens and larceny.
Straub, 73, was released from Palm Beach County jail hours later after posting $11,000 bail. He is best known for developing Wellington's 2,200-acre Palm Beach Polo Golf and Country Club, which includes a championship golf course and 45 neighborhoods.
He was charged with two counts of fraud of filing a fraudulent lien and one count of larceny over $20,000 and less than $100,000, according to the sheriff's office.
Straub has been under criminal investigation stemming from a 2017 civil lawsuit one of his companies, Palm Beach Polo Inc., filed against an ex-girlfriend seeking to foreclose on the liens on homes she owned.
The Palm Beach Post, which first reported on Straub's arrest, said Jessica Nicodemo claimed she became a target of Straub because he was angry she broke up with him.
Nicodemo proceeded to file a counterclaim in the case and in December won a partial summary judgment in Palm Beach Circuit Court to remove the liens.
A statement from Straub's company, Palm Beach Polo Inc., said he will fight the charges and expects to be exonerated.
The company called this a case of a "vindictive ex-girlfriend" who turned a civil dispute into a criminal case by "spinning false tales to law enforcement."
The civil case was over unpaid construction liens filed not by Straub but one of his companies, the statement emailed by Jose Lambiet said.
"The complainant/ex-girlfriend is clearly seeking to embarrass Mr. Straub, a high-profile Palm Beach businessman, by publicly airing her false accusations," the statement said.
Nicodemo's attorney countered saying Straub told Nicodemo during a phone call recorded by the sheriff's office that he filed the liens as a way to control her because he didn't want her to move away and that she didn't owe him anything.
"The criminal charges send a strong message that Glenn Straub is not above the law," attorney Elizabeth Parker said in an emailed statement.
Straub is part of some high-profile civil suits in South Florida, including a long legal saga over Palm Beach's Palm House Hotel project. Straub pushed to reverse a bankruptcy sale of the property to a London hotel company affiliate based on an old mortgage.
In another civil case, a Straub company sued D.R. Horton Inc., claiming last September that the nation's largest homebuilder backed out of a big lot purchase at the Tesoro Club at a cost of at least $20 million in lost revenue and related damages.
Straub bought Atlantic City's former Revel Casino Hotel in 2015 and sold it in 2018 for more than double the price of the once-bankrupt property.
Straub has been a fixture in South Florida real estate for decades. He owned the Miami Arena before its demolition and was an unsuccessful bidder for the former Versace mansion in Miami Beach.
Related stories:
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllHow Much Coverage Do You Really Have? Valuation and Loss Settlement Provisions in Commercial Property Policies
10 minute readThe Importance of 'Speaking Up' Regarding Lease Renewal Deadlines for Commercial Tenants and Landlords
6 minute readMeet the Attorneys—and Little Known Law—Behind $20M Miami Dispute
Trending Stories
- 1After Mysterious Parting With Last GC, Photronics Fills Vacancy
- 2Latham Lures Restructuring Partners From Weil, Paul Weiss
- 3Haynes Boone, Hicks Thomas Get Dismissal of $1.3B Claims in 2022 Freeport LNG Terminal Explosion
- 4Immigration Under the Trump Administration: Five Things to Expect in the First 90 Days
- 5'Radical Left Judges'?: Trump Demands GOP Unity Against Biden's Judicial Picks
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250