"Pelican Wire"

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By Business Observer Staff |
May 8, 2012

Seidensticker strikes again

Stephen Seidensticker and Lemuel Sharp III purchased a large debt from Wells Fargo Bank NA last year for $6.4M.

News

By Business Observer Staff |
July 15, 2021

Woman sentenced to federal prison for telemarketing scam that stole more than $1 million from victims

Lori Owen gets five years in federal prison for her role in a scam that stole from people led to believe they owed back taxes

Tampa Bay-Lakeland

By Business Observer Staff |
August 12, 2021

Bell tower coming to The University of Tampa

The university is adding a massive, technologically advanced bell tower to its campus.

News

By Louis Llovio |
January 18, 2022

Area resident gets federal prison for $800K COVID-19 relief fraud

Louis Thornton III applied for federal relief funds in the names of defunct companies

Tampa Bay-Lakeland

By Business Observer Staff |
May 22, 2014

Churchgoers victimized in $3.8M Ponzi scheme

Sarasota financial adviser Gaeton Della Penna faces multiple fraud counts.

Manatee-Sarasota

By Business Observer Staff |
June 22, 2015

$712M Medicare fraud busts include local execs

The national case included 243 people, and more than $712 million in false billing.

Tampa Bay-Lakeland

By Business Observer Staff |
February 27, 2015

Polk County: Daytona developers buy Without Walls Lakeland mega church

A company led by Daytona Beach-area developers Douglas Cook and George Anderson purchased the former Carpenters Home mega-church property for $3.75 million.

Tampa Bay-Lakeland

By Laura Lyon |
January 8, 2025

DOJ warns of new scam involving jury duty summons

The victim in a recent case was from Sarasota.

Manatee-Sarasota

By Louis Llovio |
May 23, 2024

Tampa man sentenced to 5 years for COVID identity theft scheme

A 29-year-old Tampa man is one of four people who conspired to steal people's personal information to collect unemployment benefits during COVID-19.

Tampa Bay-Lakeland

By Laura Lyon |
October 18, 2024

After the storm: Hurricane Milton power outage update

A week after the storm, the lights are back on.

Florida

By Anastasia Dawson |
November 28, 2025

National builder breaks ground on 807-bed student housing for USF

The Mark Tampa, at 2700 University Square Drive, will offer a mix of studios through five-bedroom floor plans when it opens in fall 2027.

Tampa Bay-Lakeland

By Elizabeth King |
November 7, 2025

Yeti buys Charlotte County drinkware company’s designs in $38M deal

Helimix, which makes shaker bottles for sports drinks in Punta Gorda, sold its specialized designs and other assets to Yeti.

Charlotte–Lee–Collier

By Business Observer Staff |
January 2, 2004

Court Opinon: Anderson, Watson v. Smithfield Foods Inc. and Luter

A group of landowners appeals the district court's judgment dismissing their civil action and imposing sanctions on their counsel in the amount of $128,563.43. We affirm dismissal of the action, but reverse the award of sanctions.

By Adam Hughes |
September 23, 2005

Real Estate Briefs (Lee/Collier)

Texas developer plans Fort Myers condosWal-Mart to Build Third Supercenter in CollierLennar to build condos in Fort MyersUS Home buys condo tract at Heritage BayCondo-hotel plannedfor Inn at Pelican BayTampa group plans Fort Myers Beach condosPulte buys 44 acresin Fort MyersPrime Homebuilders plan town homes for Lee, Collier

Charlotte–Lee–Collier

By Louis Llovio |
February 2, 2025

GE to invest $5M in Clearwater plant, create 75 jobs

In the week's top commercial real estate news, a Naples shopping center begins to fill out, a South Tampa affordable housing community opens, and a Palmetto retail center is sold.