Jail time for developer who conned Subway founder

Anthony Pugliese stole more than $1 million from the late Fred DeLuca, who founded Subway

TRD MIAMI /
Nov.November 27, 2015 11:30 AM

Anthony Pugliese, a prominent developer in Delray Beach, is expected to start serving a six-month jail sentence Monday for stealing more than $1 million from Fred DeLuca, the now-deceased founder of the Subway sandwich-shop chain.

Pugliese and DeLuca were business partners in a failed residential development called Destiny on land south of Yeehaw Junction.

According to his 2012 arrest affidavit, Pugliese formed fake companies and sent phony invoices to DeLuca in order to build a reserve account in case DeLuca stopped funding the Destiny development.

Prosecutors said they could prove at trial that Pugliese used the money for personal expenses including a fancy music system for his mansion in Gulfstream.

After DeLuca and Pugliese traded civil suits over the failure of the Destiny development, the criminal case against Pugliese arose from his admission in a civil deposition that he formed fictitious companies.

Just days after Pugliese accepted a plea deal in the criminal case, DeLuca died of leukemia. Pugliese said he wanted to end the case because he himself has been diagnosed with cancer.

Circuit Judge Glenn Kelley sentenced Pugliese Tuesday for grand theft and scheming to defraud.  Pugliese was granted permission to turn himself in Monday at the county jail. [Palm Beach Post]  — Mike Seemuth            


Related Articles

arrow_forward_ios
Jeffrey Epstein (Credit: Daily Beast | Getty)

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

PB Gardens condo community seeks yet another contractor to repair its buildings

PB Gardens condo community seeks yet another contractor to repair its buildings

Jeffrey Epstein (Credit: Daily Beast | Getty)

The feds are in no apparent rush to seize Jeffrey Epstein’s Palm Beach mansion

Jeffrey Epstein (Credit: Daily Beast | Getty)

Billionaire Jeffrey Epstein arrested, faces new charges of sex trafficking of minors

Miami investment manager pleads not guilty in Venezuelan money laundering case

Miami investment manager pleads not guilty in Venezuelan money laundering case

Developer demands $99M of compensation from Martin County for land-use decision

Developer demands $99M of compensation from Martin County for land-use decision

Co-op board sues developer for allegedly deceptive bids to buy out unit owners

Co-op board sues developer for allegedly deceptive bids to buy out unit owners

The Nico Lopez refinery in Havana, on June 5, 2017.
The economic crisis hitting its ally Venezuela reduced the Cuban import of oil down to 40% of the quantity available until 2014, forcing Cuba's Cupet state-controlled oil company to seek new ways to increase its own meagre production. / AFP PHOTO / YAMIL LAGE        (Photo credit should read YAMIL LAGE/AFP/Getty Images)

Exxon Mobil files landmark lawsuit over properties in Cuba

arrow_forward_ios
Loading...