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April 18, 2016
Mexican union bureaucrat's $8.2-million Miami condo-buying spree exposed
Being a union official has been very, very good for Bernardo Quezada Salas. How else to explain his and his family’s purchase of $8.2 million's worth of luxury condos in Miami? Now a congressman in Mexico, Quezada Salas has quite the taste in luxury property, according to an exposé by Emily Michot in the Miami Herald.
On a single day in 2005, an official of Mexico’s powerful teachers’ union and his relatives spent $6.3 million on 11 luxury condos at a Brickell high-rise.
Bernardo Quezada Salas, now a congressman in Mexico, might have paid cash for the luxury units at the Espirito Santo Plaza. The deals were done through Florida companies owned by some combination of Quezada Salas, his wife, his sister-in-law and his brother-in-law.
The year before the Brickell deals, his wife, Jessica Peredo Rincon, had paid $1.1 million for a two-bedroom unit at the swanky Setai in South Beach. Then, in 2008, the couple bought a three-bedroom condo...(Read Full Post)