It’s an all too familiar story in South Florida: A self-proclaimed financial adviser persuades an out-of-state woman into giving him more than $1 million to invest in various ventures and eventually most of the money is gone.
Tania Deutsch, 61, of Lords Valley, Pa., said she just wanted to help people with some money she had inherited. She said she was renovating a condo she bought years ago in West Boca when David Bruce Cohen introduced himself and befriended her.
“I trusted him,” she said Friday. “We played tennis together. I met his family.”
According to court documents, he convinced her to invest $1.2 million in a Massachusetts-based cannabis healthcare company in 2016 and in a West Boca real estate project in 2017.
After waiting two years for ECP Capital Partners Inc. to begin making the promised interest payouts, nothing happened. Deutsch repeatedly called Cohen — who controlled the