Miami Woman Accused of Stealing $1.6 Million from 60-Year-Old Man in Real Estate Fraud Scheme
MIAMI-DADE COUNTY, Fla. — A South Florida woman is facing serious charges after allegedly scamming a 60-year-old man out of more than $1.6 million through a complex and fabricated real estate investment scheme that spanned multiple cities across Miami-Dade County.
📉 Real Estate Lies and a Web of Fraud
According to a June 11 arrest warrant, 55-year-old Ybis Del Carmen, a Palmetto Bay resident and alleged agent of Realty Golden Group, presented herself as a real estate professional with insider access to lucrative foreclosure deals. Over time, she convinced the victim — a man she had known since 2012 — to entrust her with full access to his business account at Truist Bank.
Del Carmen claimed she would use the funds to purchase six distressed properties in Cutler Bay, Homestead, and northeastern Miami-Dade County, with a total estimated value of $842,000. But detectives later discovered the entire deal was a fabrication.
“All contracts, property documents, and alleged mortgage transactions… were, in fact, fraudulent,” Detective Michael Pascual wrote in the official arrest affidavit.
Investigators confirmed with the actual property owners that not only were the homes never for sale — most had never even been in contact with Del Carmen. She had allegedly forged all documentation tied to the investments.
💸 $1.6 Million Vanished
In total, the arrest report states that Del Carmen stole $1,655,962 from the victim, siphoning the money for “personal reasons.”
The victim, visibly distressed, told reporters that his economic life has been left in shambles.
“Never the property was in sale. The owner don’t know the situation; it was all fraud… My economic situation is complicated,” he said.
🚓 Arrest and Charges
Officers from the Sunny Isles Beach Police Department arrested Del Carmen on Wednesday. She was booked at Turner Guilford Knight Correctional Center by Miami-Dade corrections deputies.
She now faces charges of organized fraud and grand theft, both felonies under Florida law. A judge has further ordered that Del Carmen prove her bail money was not funded by criminal proceeds before release can be considered.
📞 Public Warning and Ongoing Investigation
Miami-Dade detectives are urging other potential victims to come forward, citing the possibility that Del Carmen may have defrauded additional individuals under similar pretenses.
Anyone with information is asked to contact Miami-Dade County Crime Stoppers at 305-471-8477. Tipsters can remain anonymous.
