A 52-year-old Lake Worth investment banking manager is suspected of falsifying files including the names of prominent corporate and university endowment executives, to persuade a lender to fund him $95 million in what federal authorities call a “brazen fraud.” Elliot Smerling, the CEO of JES Global Capital and the owner of luxury mansions in suburban Lake Worth Beach and Wellington, was charged with bank fraud, wire fraud, and felony identity theft in New York City, according to charging documents. On Thursday, he appeared in Manhattan’s United States District Court and pled ... Read more

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