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Miami man loses his $6 million home and his freedom in $115 million formula scam

A 7,700 m². feet, four bedrooms, four bathrooms and three units of an Aventura office building are the list of losses for a Golden Beach man after a massive business fraud involving infant formula, eye care products and more FDA regulated products.

Johnny Grobman, 48, won’t need the house for the next decade and a half. He will serve at least 85% of an 18-year-and-four-month sentence handed down on Friday after his convictions for conspiracy to commit wire fraud; electronic fraud; money laundering; conspiring to obtain pre-marketed medical products worth $5,000 or more by fraud or deception; theft of pre-retail medical products; and the smuggling of goods from the United States.

Grobman’s buddies, Fort Lauderdale man and wife Raoul Doekhie, 53, and Sherida Nabi, 57, also received the same sentence after being convicted on the same charges.

READ MORE: South Florida trio found guilty of bogus infant formula exports to Suriname

In addition to their life time, they have been hit with confiscation judgments for money and property derived from their criminal activities. Grobman scored for $87,187,374.83 and while Doekhie and Nabi owe $115,699,273.61.

As part of the satisfaction of this confiscation, court documents indicate that Grobman must give up everything in the accounts of companies J Trading, Nutrisource, accounts with Bank of America, UBS Financial Services and Merrill Lynch held with “NG” “NG” is probably Noemi Geller, the name on the state register of Vera Investment Properties, which owns unit #710-712 at One Aventura, an office building at 20900 NE 30th Ave.

All of this real estate is forfeited, along with the aforementioned home at 100 Golden Beach Dr. that Miami-Dade County property records show Grobman and Geller purchased for $5,282,500 in 2013. The total lot size is of 25,663 m². ft.

Doekhie and Nabi will give up everything on the Regions Bank account for Tropical Marketing and Distribution of Suriname; everything in their joint Bank of America account; and three-bedroom, two-bathroom unit #3207 at Las Olas By the River Condos, 520 SE Fifth Ave., Fort Lauderdale.

The Fort Lauderdale couple are from Suriname, and during the trial prosecutors proved the trio committed a scam from 2013 to 2018 based on the lie that they had government procurement contracts in Suriname. American manufacturers of infant formula and other products sold them to the trio at a reduced rate.

But, the trio just took the products and resold them in the United States at a profit. During this time, they simulated shipments to Suriname in several ways, including shipping the products to create export documents, then sending them back immediately without the products ever touching land. Or, sometimes the trio just faked the export documentation.

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