Politics

InnoVida scandal

Updated 1:50 PM ET, Mon March 30, 2015
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Jeb Bush seemed to miss the red flags in 2007 as he prepared to join InnoVida as a $15,000-a month-consultant Scott Olson/Getty Images
Claudio Osorio (pictured) was sentenced to more than 12 years in prison after pleading guilty to running a $40 million investment fraud at InnoVida. For years, Osorio was dogged by a pattern of financial malfeasance allegations. He recruited Jeb Bush as a consultant and InnoVida board member.
Craig Toll (pictured) was InnoVida's chief financial officer. He was sentenced to four years in prison for his part in InnoVida's fraud. Previously, he worked with Osorio at CHS Electronics where, as CFO, he was accused of signing false and misleading quarterly reports. Coutesy
Antonio Boccalandro (pictured) was an executive at CHS Electronics alongside Claudio Osorio and Craig Toll when the company collapsed. And, like Toll, he was accused of signing false and misleading quarterly reports. He formed a holding company with Osorio that paid some of Jeb Bush's consulting fees but didn't file taxes.
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Harlan Waksal (pictured) sat on InnoVida's board with Jeb Bush. He was busted in the Fort Lauderdale airport trying to smuggle 2 pounds of cocaine in his underpants and luggage, but the conviction was overturned after the court ruled he was illegally searched. He later co-founded the company at the center of the insider trading scandal that ensnared Waksal family friend Martha Stewart, sending her to prison.
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Engin Yesil (pictured) was sentenced to six years in prison after selling cocaine. He later invested $8 million in InnoVida and became part owner. He said board members, including Jeb Bush, were only "figureheads." Facebook