How Much Time Will Daniela Rendon Have To Serve In Prison?

The federal government recently revealed that a prominent Miami agent misappropriated large sums of pandemic relief funds.

The money was improperly spent on the lease of a stylish white Bentley Bentayga, the rent of an opulent apartment, enhancing the appeal of designer shoes, and even pursuing cosmetic procedures.

As a result, a fair and necessary decision has been made and the defendant has been given a prison sentence.

Daniela Rendon was charged with two counts of money laundering, seven counts of wire fraud, and one count of aggravated identity theft in February.

In April, she humbly entered a guilty plea to just one count of wire fraud, which resulted in the dismissal of the other charges.

She received a light sentence of three years and five months in jail, followed by three years of probation, and the obligation to pay almost $200,000 in restitution on the appointed day.

Unfortunately, it has come to light that Rendon falsified her financial records, including revenue, payroll, and IRS tax forms, in order to mislead authorities when requesting critical federal assistance funds from the Small Business Administration and the Paycheck Protection Program during the difficult times of the pandemic.

The aforementioned person was successful in securing not one, but two loans, the first of which totaled a sizeable $317,290 through the PPP program and the second of which was $10,000 in the form of an SBA loan.

Acclaimed U.S. Attorney Markenzy Lapointe and Assistant U.S. Attorney Jonathan Bailyn meticulously documented these specifics in the complaint they submitted.

Sadly, it should be noted that this person misrepresented themselves as a legitimate real estate developer in a misguided effort to increase their credibility.

Rendon admitted openly in the statement she submitted on May 25 that her actions were motivated by an insatiable desire for wealth. She solemnly vowed, however, to spend the rest of her life seeking forgiveness without ceasing.

Following her recent indictment, Rendon, a sophisticated influencer with an impressive online presence, skillfully shifted her focus from opulent condominium developments like Estates at Acqualina, Mansions at Acqualina, and Bentley Residences to the field of commercial real estate.

Rendon’s Instagram bio, which was carefully chosen to captivate her discerning audience, prominently displays a hyperlink enticingly leading to the world of office leasing at the prestigious 44 West, formerly known as the illustrious Courthouse Tower, which is conveniently located close to Miami’s prestigious courthouses.

Ms. Rendon, as the esteemed leader of Rendon PA, unfortunately conveyed an inaccurate statement regarding the company’s fiscal achievements, asserting an impressive revenue of approximately $92 million during the period spanning from early 2019 to 2020, while masquerading as a distinguished developer.

In reality, she worked as a sales associate, earning $2,000 biweekly from the prestigious Trump Group’s A3 Development, known for its remarkable creation, Estates at Acqualina. Ms. Rendon has acknowledged and endorsed these facts through her signature on the aforementioned filing.

Eliasib Reyes, Mr. Rendon’s esteemed fiancée, has been implicated in the heinous act of fraud. This disheartening revelation has resulted in the filing of charges against him, including three counts of wire fraud and four counts of money laundering, as articulated eloquently by Assistant U.S. Attorney Bailyn in a formal complaint.

Notably, Mr. Reyes works as a finance manager at Braman Motors, as confirmed by the dealership’s illustrious website. According to a document submitted as evidence, Mr. Reyes endorsed his significant other’s lease of the prestigious Bentley SUV by assuming the role of co-guarantor. Reyes’ sentencing has been scheduled for the month of September.

He allegedly used funds obtained from the Paycheck Protection Program and Economic Injury Disaster loans, among other sources, to purchase prestigious timepieces such as the Audemars Piguet Royal Oak, which starts at more than $20,000, and the Rolex Oystersteel and Everose Gold, which start at more than $10,000.