Turnberry Associates developer Jeffrey Soffer thought he had an offer from the prince of Saudi Arabia to buy the Fontainebleau Miami Beach in 2017 for $140 million more than what it was worth. Negotiations spanned for months, as Soffer allegedly wined and dined the supposed prince and bought him a Cartier bracelet worth $50,000, along with expensive artwork to court his investment, according to Vanity Fair. In total, he gave the prince $150,000 in gifts. […]
source https://therealdeal.com/miami/2018/10/09/how-a-fake-saudi…s-jeffrey-soffer/#new_tab
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