Arnold Paul Prosperi

Arnold Paul Prosperi

Birth
Fort Lauderdale, Broward County, Florida, USA
Death Mar 2016 (aged 67)
Fort Lauderdale, Broward County, Florida, USA
Burial Fort Lauderdale, Broward County, Florida, USA
Plot GARDEN 30A|LOT 4|SPACE 6
Memorial ID 172195910 · View Source
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"Mr. Prosperi was born Nov. 27, 1948, in Fort Lauderdale.
In 2001, the disbarred Palm Beach attorney made headlines when his five-year federal prison sentence was commuted to three years of house arrest by former President Bill Clinton. The former real estate attorney, who suffered from the rare autoimmune disorder called myasthenia gravis, was convicted in November 1997 of filing false tax returns and creating counterfeit securities."
-The Shiny Sheet, Palm Beach Daily News

"A former lawyer and Palm Beach society figure whose embezzlement conviction recently was commuted by former President Bill Clinton was ordered Friday to serve three years of house arrest.
U.S. District Judge Kenneth Ryskamp sentenced Arnold Paul Prosperi, an old college friend and fund-raiser for Clinton, for the charges of counterfeit securities, fraud and making false statements.
Prosperi, 52, of Hobe Sound, was indicted in 1996 for embezzling $1.8 million from a client and failing to report it on his tax returns. He had been sentenced to three years in prison for the charges when Clinton commuted his sentence in January during his final hours in office. Clinton's order limited Prosperi's punishment to three years and required it to be house arrest.
Ryskamp also ordered Prosperi to pay $125,000 in fines and more than $19,000 in court fees.
Prosperi's attorney, Thomas Puccio, said Prosperi, who suffers from a neurological disease, is seriously ill and can't afford to pay the fines.
"He has less ability to pay a fine now than years ago," Puccio said.
Assistant U.S. Attorney Stephen Carlton countered that Prosperi can pay because he still has the ability to work again. Fining Prosperi "is the only avenue of punishment that this court has open to it," Carlton said.
"He was nothing more than a thief with a law degree," Carlton said.
The charges against Prosperi stem from prosecutors' assertions that he ran a scheme to defraud Patrick Donovan, a senior Irish citizen who hired Prosperi as an attorney and trustee on two properties he owned. Prosperi was accused of taking money out of corporate bank accounts he controlled and depositing the money into his personal and law accounts.
Prosecutors also said Prosperi would send Donovan counterfeit monthly statements that excluded any mention of deposits into Prosperi's own accounts and falsely overstated Donovan's remaining balance."
-Fort Lauderdale SunSentinel
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While the above information is true and historical and the damage to victims cannot be swept under the rug, the manager of this memorial has chosen to counterbalance the negative with these published comments out of compassion for Mr. Prosperi's family, friends, and descendants:
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"While the above facts are what they are, it's certainly not representative of what Mr. Prosperi did for this community and his many friends. There were real accomplishments and contributions Mr. Prosperi made to his community, such as leading the successful fundraising efforts to build the new Norton Museum, raising money to re-decorate the White House, defending people even when the cause was unpopular etc."
-Borat

"Paul was so much more to the Town of Palm Beach and its residents than this obituary or this newspaper could ever convey. I am honored and privileged to have known him."
-WTS0001

"Paul, During all these years Conrad and I lived in the Palm Beach area you have always been a fabulous friend. Remember great dinners, President Clinton's inauguration with you. Lots of great souvenirs. You will be missed profoundly."
-Louis Dubord

"Miss you already, Paul. You were a man of great intellect, intelligence, empathy and conviction, no matter what. But you were usually right! Rest easy now."
-Jimmy Zisson



A celebration of life took place March 10. Quattlebaum Funeral, Cremation and Event Center of West Palm Beach handled arrangements.


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  • Created by: Rev. James Cunningham D.D.
  • Added: 4 Nov 2016
  • Find A Grave Memorial 172195910
  • Find A Grave, database and images (https://www.findagrave.com : accessed ), memorial page for Arnold Paul Prosperi (27 Nov 1948–Mar 2016), Find A Grave Memorial no. 172195910, citing Evergreen Cemetery, Fort Lauderdale, Broward County, Florida, USA ; Maintained by Rev. James Cunningham D.D. (contributor 47942517) .