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The founder of a St. Pete trust fund is accused of taking $100 million

Summary by Ground News
The Center for Special Needs Trust Administration filed for Chapter 11 bankruptcy protection in a Tampa federal court this month. Its court filing states that between 2009 and 2020, Clearwater businessperson Leo Govoni transferred the missing funds to a company he owns. The center administers trust funds for more than 2,000 people with special medical needs across the United States and abroad.

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Tampa Bay TimesTampa Bay Times
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The founder of a St. Pete trust fund is accused of taking $100 million

A nonprofit that administers trust funds for more than 2,000 people with special medical needs has filed for Chapter 11 bankruptcy after discovering the shortfall.

·Tampa, United States
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Tampa Bay Times broke the news in Tampa, United States on Tuesday, February 20, 2024.
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