A Ponzi Scheme, a Retiree and a Revolt Against OppenheimerFunds
- Florida real estate district files for bankruptcy protection
- Sets fight with bondholder over legacy of subprime collapse
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Donald Dwyer left statehouse politics for retirement in Clearwater, Florida, at the Grand Venezia, a 336-unit condominium complex with a pool, tennis courts and ill-fated ambitions to bring a touch of Italian luxury to the Gulf Coast.
But the former Maryland lawmaker is now leading an unusual community tax revolt against OppenheimerFunds Inc., which oversees $230 billion in assets, that may echo far beyond his tiny patch of Florida’s western shore.