Event Brief
Florida Title Company Owner Pleads Guilty
By The BriefBrief · Sources (1)
Filed: Sep 15, 2026 at 6:00 PM ET
Summary: Michael Saracco, a 40-year-old former Florida attorney, pleaded guilty to three federal wire fraud counts tied to a six-year real estate lending scheme, federal officials announced Monday. Prosecutors said the scheme involved multi-year conduct affecting real estate transactions, and Saracco faces up to 20 years in prison.
WHO: Michael Saracco, 40, former Florida attorney; U.S. Attorney Gregory W. Kehoe; federal officials
WHAT: Pleading guilty to three counts of wire fraud connected to a six-year real estate lending scheme
WHEN: Sep 15, 2026 at 5:05 PM ET
WHERE: Cocoa, Florida
WHY: No specific cause was reported beyond the event itself.
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