Frank Amodeo is a corporate strategist and bankruptcy attorney famously known as the former leader of Mirabilis Ventures Inc, and he is also recognized for pleading guilty to a $181 million tax fraud scheme in 2008.
Amodeo was sentenced to 22 years in prison after he admitted scheming to divert his clients’ payroll taxes to his company's bank accounts instead of the IRS. He quickly gained public consideration when he argued about his psychological illness to revoke the sentence in opposition to him. Following it, rapidly people started calling him the bipolar billionaire who tried to rule the world.
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Who Is Frank Amodeo? Wiki, Age, & Height
Frank Amodeo is best known as the former head of Mirabilis Ventures Inc. and Presidion Solutions Inc. He was sentenced to prison for 22 years when he admitted to conspiring to defraud the IRS, conspiring to commit wire fraud, obstructing an agency, and failing to collect and remit payroll taxes.
Frank Amodeo was born in 1961, and his birthplace is Detroit, Michigan. He is currently 60-years-old, and his nationality is American. Likewise, his ethnicity is white, and he believes his faith in the Christianity religion. Concerning his educational background, he went to Orange County School Board and Oak Ride High School. Frank graduated with a degree in political science from the University of Central Florida. He attended Emory University’s College of Law and went to Georgia State University for a Doctoral Program in Quantitative Financial Economics.
Frank was raised by his parents in Orlando, Florida. His mother’s name was Margaret Amodeo, who died in 2021. His father’s name was Philip Amodeo, but he passed away in 2014. He spent his childhood growing up with his siblings; a brother named Louie Amodeo and Dean Amodeo and a sister named Debbie Amodeo.
He stands at the height of approximately 5 feet 9 inches or 1.75 m tall, and his average weight is around 91kg or 200 lbs.
Frank Amodeo's Married Life
Frank Amodeo is a married man and has a wife whose name is not revealed to the public. However, it was reported that his wife was an attorney and had worked on assignments installing court systems in the former Soviet Republics. No other information is found on the internet about her details.
Frank Amodeo is a father to his daughter and down-syndrome stepson.
Frank Amodeo's Net Worth & Career
Frank Amodeo was a billionaire before he went to jail, and he ran a private equity firm specializing in investments around 70 companies and 400 workers. His company had revenues of $1 billion in 2006, and the company lost $220 million in 2007 due to unforeseeable circumstances.
Moreover, he was ordered to pay $181 million in restitution to the IRS, the exact amount he owed in payroll taxes after he pleaded guilty to conspiring to defraud the IRS in 2008.
Frank Amodeo has lost more than $1 million from his various accounts, three homes, luxury vehicles, commercial real estate, a Learjet, and his corporations. When he was still in college, the former billionaire started his career when he established two businesses; a chain of five gift stores and a clock mechanism import business. He also owned a company that was one of the five largest bankruptcy firms in Atlanta. Frank was one of the successful corporate strategists and acquired more than 85 companies by 2006.
However, he became infamous for being the bipolar businessman who had pleaded guilty to the client’s payroll taxes scheme in 2009. Frank argued about his mental illness to revoke the two decades sentence for defrauding the government. Moreover, his extraordinary and compelling reasons were heard, and the United States District Court Middle District of Florida Orlando Division denied his request for a sentence reduction on May 20, 2021. Therefore, Frank is now in a low-security federal prison in Coleman, Florida.