By Tribune-Review

Published: Tuesday, October 30, 2012, 1:35 p.m.
Updated: Tuesday, October 30, 2012

A Florida federal judge on Tuesday said he doesn't see any reason to reconsider a former Monroeville man's motion for a mistrial on 10 fraud and tax charges related to real estate deals.

A federal jury on Aug. 17 convicted Alfredo Sararo III of Naples, Fla., on 10 counts of wire and tax fraud while acquitting him on one count of wire fraud. Sararo under-reported his income in tax returns, lied to investors and lenders, falsified documents and persuaded others to lie and falsify documents, prosecutors said.

Sararo claimed in a post-trial motion that the prosecutor violated his constitutional rights during closing arguments but U.S. District Judge John Steele on Oct. 18 rejected that argument. Sararo filed a motion on Oct. 24 asking the judge to reconsider. Steele, in denying that request, said that Sararo hadn't raised any new issues in his motion but simply doesn't like his previous decision.

Steele has scheduled Sararo's sentencing for Nov. 26.

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