The federal Securities and Exchange Commission (SEC) in U.S. District Court in Miami, Florida, balked at a motion from Ariel Quiros to unfreeze assets to pay lawyers as he defends himself against federal fraud allegations.
SEC attorneys Christopher Martin and Robert Levenson responded on Wednesday to Quiros’ efforts to free up funds in a New York City luxury condo he owns in order to defend himself against federal and state charges.
Quiros wants to borrow money against his Setai Condominium in New York City.
The Setai Wall Street Condominiums, according to their website, “represents an entirely new level of sophistication in downtown living. Here awaits an unparalleled residential experience with exceptional hotel-quality services.”
The luxury condo is one of two luxury NYC condos Quiros owns, including a second at Trump Place, according to federal authorities.
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