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NewsWSVN 7 MiamiAugust 27, 2026Miami-Dade

Miami-Dade Sheriff's Office arrests six property managers in $5.8 million fraud scheme

The Miami-Dade Sheriff’s Office has arrested six individuals, including alleged mastermind Juan Awais, for operating a multi-year scheme that diverted approximately $5.8 million from five local condo associations. The suspects allegedly submitted false invoices for unperformed maintenance and renovation work, siphoning insurance and association funds into personal accounts.

fraudlaw enforcementcondominium associationscrimeMiami-Dade County
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Why It Matters

Residents of five Miami-Dade condo associations face potential financial losses and delayed property repairs due to the alleged theft of $5.8 million in association funds.

Key Facts

  • Six property managers were arrested for a fraud scheme involving $5.8 million in stolen funds.
  • The scheme targeted five condo associations in Miami-Dade County.
  • Juan Awais, age 60, is identified by authorities as the mastermind of the operation.
  • The suspects allegedly created false invoices for roofing, security, and renovation work that was never performed.
  • Funds were diverted from condo associations into the personal accounts of the property managers.
  • The investigation spanned two years.
  • Juan Awais faces charges of organized fraud, money laundering, and third-degree grand theft.
  • A judge set the bond for Juan Awais at $3 million.
  • Suspects allegedly attempted to obstruct the investigation by creating fake documents and discouraging board members from speaking to police.
  • The investigation is ongoing, and authorities expect further arrests.

Who's Mentioned

personDelma Alonso“Suspect arrested in connection with the scheme.”personRosie Cordero-Stutz“Miami-Dade Sheriff who announced the arrests.”personJoana Barios Perez-Tapia“Suspect arrested in connection with the scheme.”organizationMiami-Dade Sheriff’s Office“Law enforcement agency conducting the investigation and arrests.”personJuan Awais“60-year-old alleged mastermind of the fraud scheme.”personJuliet Ramos“Suspect arrested in connection with the scheme.”