ORLANDO, FL – Keith Ingersoll, 45, and James Adamczyk, 64, both of Orlando, Florida, are facing serious federal charges after allegedly ripping off a victim for over $12 million in a complex fraud and conspiracy scheme. Acting United States Attorney Karin Hoppmann unsealed an indictment today detailing the pair’s alleged involvement in a years-long deception.
The indictment lays out a chillingly simple premise: Ingersoll and Adamczyk, along with accomplices, convinced a victim to hand over $12 million under the false pretense of refundable deposits for real estate transactions. They promised the funds would be held in escrow by a legitimate attorney, but instead routed the cash to themselves – first through a suspended attorney, and then directly to Adamczyk after the attorney’s death. This wasn’t a mistake; it was a calculated theft.
The scheme involved meticulously crafted forgeries and outright lies. The conspirators allegedly presented the victim with fabricated real estate contracts bearing forged signatures or those of fictitious individuals, claiming ownership of properties they didn’t control. They even falsely asserted interest from non-existent buyers, building a house of cards designed to extract maximum funds. When the victim predictably requested a return of their money, Ingersoll and Adamczyk spun a web of excuses, including a bizarre claim that Adamczyk was stranded in Costa Rica with COVID-19 and unable to authorize the transfer.
Where did the $12 million go? Not into legitimate investments, that’s for sure. According to prosecutors, Ingersoll, Adamczyk, and their co-conspirators spent the stolen funds on lavish personal expenses – luxury car rentals, travel, and, disturbingly, adult entertainment. The indictment paints a picture of brazen disregard for the victim and a callous enjoyment of ill-gotten gains.
Ingersoll and Adamczyk are each charged with one count of conspiracy to commit wire fraud, twenty counts of wire fraud, and nineteen counts of money laundering. Ingersoll faces an additional charge of aggravated identity theft. If convicted, both men could face up to 20 years in federal prison for each of the conspiracy and wire fraud counts, and up to 10 years for each money laundering count. Ingersoll’s aggravated identity theft charge carries a minimum mandatory sentence of 2 years.
An indictment is not a conviction. Both Ingersoll and Adamczyk are presumed innocent until proven guilty in a court of law. The case is being investigated by the United States Secret Service, the Federal Bureau of Investigation, and the Seminole County Sheriff’s Office, with prosecution led by Assistant United States Attorneys Roger B. Handberg, Jennifer M. Harrington, and Amanda Daniels. Grimy Times will continue to follow this case as it develops.
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Key Facts
- State: Florida
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
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