The Palm House, pictured in April 2017, in Palm Beach is at the center of several lawsuits. Once promoted as an ultra-luxury hotel-condo, the building stands unfinished in the ocean block of Royal Poinciana Way. Construction on a major renovation there began in 2007 and stopped in late 2014.
The Securities and Exchange Commission has accused a Palm Beach developer and another businessman of securities fraud for misusing millions of dollars solicited from foreign investors for the long-troubled Palm House hotel-condominium project in Palm Beach.
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