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Rivera, Louisma and Acosta face up to 30 years in prison and a $1 million fine on counts of wire fraud. Meanwhile, Rivera and Louisma face separate foreclosure proceedings that may see them losing not only their own personal property but, in Rivera's case, her business. Neither Rivera nor Louisma have entered pleas. But Louisma's lawyer Harold Long told TIME, "This was a pretty extravagant and elaborate scheme. It's really uncertain if [Louisma] knew the parameters of this thing. I think he is prepared to assume responsibility for what he did at some point in time." Acosta...

Author: /time Magazine | Title: Inside a Florida Mortgage Scam | 6/25/2008 | See Source »

...that owned the townhomes, then acted as owner and seller of the townhomes when filing the loan applications - all without ever buying a unit. Louisma allegedly used his chiropractor business to falsify borrower names and incomes (making it seem they were his employees). The duo's accused associate, Michael Acosta, a Boca Raton property appraiser, allegedly filed paperwork listing the value of each townhome at $400,000, as Rivera put together a plan to buy them at a mere $216,000 each. The applications were then said to have been shepherded through the process by an unidentified mortgage broker...

Author: /time Magazine | Title: Inside a Florida Mortgage Scam | 6/25/2008 | See Source »

Fuerza Latina President Jessica D. Acosta ’10 defended the name, saying that they just wanted to use something that “would be catchy...

Author: By Branden C. Adams, CONTRIBUTING WRITER | Title: Adams House Makes‘Barely Legal’ Party Change Name | 4/25/2008 | See Source »

...didn’t intend to be offensive to females,” Acosta said...

Author: By Branden C. Adams, CONTRIBUTING WRITER | Title: Adams House Makes‘Barely Legal’ Party Change Name | 4/25/2008 | See Source »

...idea was born because so many fans left instructions before they died to have their ashes scattered on the playing field of La Bombonera (the "candy box," as the Boca football stadium in the city of Buenos Aires is known)," says Boca press officer Laura Acosta. Inspiration also came from a widespread custom of club fans of adorning the gravesites of relatives in other cemeteries with Boca-inspired decorations...

Author: /time Magazine | Title: A Season Ticket for the Cemetery | 11/13/2007 | See Source »

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