Pinecrest mansion owned by investment fraudster in contract, asking $22M

A lavish Pinecrest mansion owned by a former financial portfolio manager who pleaded guilty to securities fraud and related charges is in contract to sell to a new owner.  The pending sale is one of 15 contracts signed between Sept. 1 and Sept. 7, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade County that are included in the Multiple Listing Service. The properties spent 108 days on the market, on average. Fifty-three luxury listings were added to the market, for a total of 1,100 listings.  The previous week, […]This article originally appeared on The Real Deal. Click here to read the full story.