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Miami Alumni John Ruiz and Lifewallet Federal Investigation

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So, it looks like Miami doesn't have a big booster after all.

 

WWW.MIAMINEWTIMES.COM

Prominent attorney John Ruiz's company LifeWallet has revealed that it's the subject of a probe by federal regulators and received a subpoena from the Department of Justice.

 

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No NIL money for you, Miami!

 

Sounds like no money for anybody...LifeWallet has also faced delisting from the NASDAQ exchange due to its stock lingering below $1 for 30 consecutive business days.

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