The Real Deal Miami

New documentary promises to expose alleged Lennar fraud

March 31, 2010 03:50PM

National home builder Lennar is getting the Hollywood treatment with a new film by former securities fraudster-turned-producer Barry Minkow. But based on the just-released trailer, Lennar execs won’t be shining their shoes for their moment on the red carpet any time soon. In “Too Big to Go to Jail: The Lennar Story” Minkow’s Fraud Discovery Institute promises to “reveal a disturbing pattern of apparent fraudulent behavior by Lennar ranging from the falsification of government documents to the utilization of joint ventures to conceal debt and siphon cash from unwitting joint venture partners.” Lennar has denied the accusations and sued Minkow for libel. The documentary is slated for an initial, limited release in the “communities most devastated by Lennar,” Minkow said, and he told the Wall Street Journal that he’s in talks with cable networks for a special that could air this summer. TRD