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GOP bigshot Adam Kidan: A life of luxury despite owing millions in restitution from SunCruz fraud

Adam Kidan
The Gulfstream G100 business jet often used by Adam Kidan and his family.

By Dan Christensen, FloridaBulldog.org

Ex-con and disbarred lawyer Adam Kidan has owed the U.S. government $21.7 million, plus interest, in restitution since he and ex-super lobbyist Jack Abramoff pleaded guilty in 2006 to fraud and conspiracy charges in the $147.5-mllion SunCruz Casinos swindle.

So how, since his release from prison in 2009, has Kidan been able to live a life of luxury? Fly around the country in a private business jet, buy and sell homes and office buildings worth millions of dollars and contribute millions to Republican political candidates, including $868,000 to former President Donald Trump during his current run for president?

The answer: through a web of corporations.

A Miami federal judge awarded those millions to victims named on a list that was not made public, but presumably includes the now-grown sons of SunCruz and Miami Subs founder, Konstantinos “Gus” Boulis – Aristotle and Alexander Hren-Boulis.

Gus Boulis died on Feb. 6, 2001 after he was gunned down in a Mafia hit while driving on Fort Lauderdale’s Miami Road near Port Everglades. The murder came amid a bitter struggle for control of SunCruz.

Adam Kidan
Adam and Cristiani Kidan with ex-President Donald Trump at Mar-a-Lago in February. Photo: Facebook

The Miami U.S. Attorney’s Office handles the enforcement of restitution orders and the distribution of monies collected through its Financial Litigation Unit, also known as FLU. Those court orders act as a lien in favor of the United States against all property owned by a defendant, in this case Kidan and Abramoff.

The office declined to comment when asked how much of the $21.7 million, plus interest, in restitution has been paid off over the years and how much continues to be owed. “The information you are requesting is private,” a spokeswoman said.

Kidan, 60, did not respond to messages left on his cellphone over three days.

KIDAN’S HUGE DEBT

As of June 2018, however, the government filed a notice of lien for that amount against Kidan in Lancaster County, PA, where he was living at the time.

“The Criminal Division will cause judgment lien notices to be recorded in all counties where we are aware the defendant owns or may own property,” says information about the restitution process on the U.S. Attorney General’s website. “The United States is allowed to enforce restitution orders on behalf of the restitution victims.”

“FLU will pursue various means to enforce restitution, as its resources permit, on behalf of identified victims for 20 years from the filing date of the judgment, plus the time period of actual incarceration, or until the death of the defendant,” the website says.

The court entered the $21.7-million judgment on March 29, 2006. Kidan was imprisoned for 31 months.

The court order requires Kidan to pay various percentages of his monthly gross earnings, depending on how much he makes. The restitution rate when gross earnings are above $100,000 is 30 percent.

In March 2019, Kidan co-founded and now runs the privately-held, Delaware based Atlantic Solutions Group, which does business as Empire Workforce Solutions. Empire, whose ownership is not known, is a multi-state temporary staffing service based in Ontario, CA. in suburban Los Angeles. ZoomInfo says it has 170 employees and annual revenues of $62.6 million. Glassdoor reports the company’s senior vice presidents are paid as much as $267,000 per year. Kidan is Empire’s president, according to his LinkedIn page, but his salary is not known.

Delaware records, as is common, do not name any persons associated with Atlantic Solutions Group. California corporate records identify Kidan as Atlantic Solution’s “agent.” No one else is named.

Adam Kidan
An office building at 600 S. Tonopah Drive, Las Vegas. Adam Kidan is president of the company that sold it for $2.9 million in August 2023.

In April 2020, Atlantic Solutions Group applied for and received a COVD-19 pandemic-related Paycheck Protection Program loan for $5,226,627, according to a government website. As with many such government loans, it was later forgiven in its entirety.

OFFICE BUILDINGS, RESIDENCES, A BUSINESS JET

Florida Bulldog has identified a half-dozen residences and commercial properties in three states worth millions of dollars that Kidan has been associated with during the last two years. He also has used a private jet registered to a New York company, Lancaster Travel and Leisure Inc., which lists Kidan as its “agent” and The company’s CEO is Simone “Sam” Palazzolo, a convicted felon and former lawyer who died in February. The names of Palazzolo and Kidan are together on several corporate entities.

One of the most valuable assets associated with Kidan is a 3,140 square foot single-family home in Napa, CA. According to the Napa County Assessor’s Office, the three-bedroom/four-and-a half-bath home at 40 Burning Tree Court was purchased in November 2021 by the single-purpose company 40 Burning Tree Corp. for $2.025 million. Kidan’s name isn’t on property records, but California corporate records identify Kidan as the company’s chief executive.

Kidan is associated with the nearby No Love Lost Wine Company, a store whose website boasts it is “Napa Valley’s premier natural wine producer.” Kidan’s LinkedIn page calls him the company’s “Vintner.”

In Nevada, records show, Kidan has ties to a modest Las Vegas strip mall at 3011 W. Lake Mead Boulevard through a company that uses the property’s address as its name. Tenants include a Domino’s Pizza. 3011 W. Lake Mead Inc., which lists Kidan as president, purchased the parcel in March 2022 for $2.1 million.

Nevada records also show that companies associated with Kidan recently were paid more than $4.5 million for two other real estate holdings. Clark County property records show that in August 2023 – 600 S. Tonopah Inc. sold a two-story, 14,160 square foot office building at 600 S. Tonopah Drive for $2.9 million. Nevada corporate records list Kidan as president of the company and the deed of sale was signed by him as company president. The company purchased the office building 17 months earlier, in March 2022, for $3.5 million, records say.

In March 2024, the Nevada company 8670 Spring Mountain Inc., which lists Kidan as president, sold a second commercial property with that Las Vegas address for $1.62 million. Like 600 S. Tonopah Inc., 8670 Spring Mountain Inc. took a loss, too. It had purchased the commercial property for $1.8 million In February 2022.

adam kidan
Cristiani Kidan aboard the private jet N520CK on Nov. 2, 2021, before the couple was married in 2023.

Kidan and his family fly in a 1997 Gulfstream G100 twin engine business jet, N520CK, owned by Lancaster Travel and Leisure Inc. Lancaster Travel was incorporated in New York in November 2021, and in Florida in March 2022, before the plane was registered with the FAA in May 2022. The cost to purchase a similar jet is between $1.8 million and $2.5 million today.

FlightAware, a website that provides real-time information about flight traffic, shows that since June 23 the aircraft has made more than three dozen flights, including four trips to Napa County, CA. Kidan’s mother-in-law and wife have posted on social media photographs of themselves with other Kidan family members aboard the Gulfstream jet.

PALM BEACH COUNTY REAL ESTATE

Today, Kidan calls Palm Beach Gardens home. He and his wife, the Cristiani, reside at 5721 Gauguin Terrace. They do not claim a homestead exemption, however.

Records show she bought the new 5-bedroom, 5.5-bath, 5300 square foot home in November 2021, before they were married, for just under $1.9 million. The records also show, however, that to do it she borrowed $2.25 million from Atlantic Solutions Group, which does business as Empire Workforce Solutions where Kidan serves as president.

Less than year later, in October 2022, Atlantic Solutions filed a satisfaction of mortgage with the county clerk, declaring that Cristiani De Fatima Pereira – now Cristiani Kidan – had paid off her mortgage in full. It was signed by company executive Jamie Diaz, who works for several entities that have ties to Kidan.

The same month she bought their home, records state that Cristiani Pereira, using the couple’s address in Lititz PA, founded Cris Realty LLC. On Nov. 5, 2021 Adam Kidan bought Unit 124 at 9355 SW 8th St. in unincorporated Boca Raton for $230,000. Seventeen days later he deeded the condo to Cris Realty for $10.

Two years later, on Nov. 15, 2023, Cris Realty sold the condo for $240,000. The warranty deed transferring the property to its new owner was signed by Adam Kidan, as “manager” of Cris Realty.

What happened to Cris Realty’s founder and lone managing member, Cristiani Pereira, during that transaction? Corporate records show that at 6:42 a.m. on Nov. 14, a Sunday, paperwork was faxed to Florida’s Division of Corporations removing Pereira as manager and adding Adam Kidan in her place. The paperwork was faxed by Kidan’s North Palm Beach law firm, Cohen, Norris, Wolmer, Ray, Telepman, Berkowitz & Cohen.

Adam and Cristiani dining at Mastro’s Steak House in Beverly Hills, Ca. on April 18, 2021. Photo: Facebook

Further, Pereira’s purported signature on the Nov. 14 document authorizing the manager’s name change does not match Pereira’s signature on the application to marry that she and Kidan signed on Oct. 25, 2023. They were married three days later by Minister Taylor Merrill of Manheim, PA, according to their license to marry. They couple had a lavish wedding ceremony at Donald Trump’s Mar-a-Lago Club in February 2023.

Adam Kidan’s stint as the manager of Cris Realty LLC didn’t last long. On Dec. 4, 2023 the law firm faxed new paperwork to the Division of Corporations that removed Kidan as the LLC’s manager and restored Pereira to the job.

Cris Realty currently owns another condo in Palm Beach Gardens, where Pereira’s mother lives. That condo, on Cypress Point Drive, was purchased for $287,500 in September 2021.

WHERE IS U.S. ATTORNEY’S OFFICE?

From November 2021 through May 2022, entities associated with Kidan bought the Napa, CA residence; completely financed the purchase of the Palm Beach Gardens home where he and his wife now reside; and bought the trio of Nevada properties – the Las Vegas strip mall, office building and the commercial property at 8670 Spring Mountain Road that were sold in March of this year.

Further, Adam Kidan is identified online as the chairman of Palm Beach International Airport-based Empire Aviation USA, an aircraft repair and maintenance company. Curiously, Kidan’s name is nowhere to be found on the company’s corporate paperwork, although the company’s original address was at 27 Lemon St., Lancaster, PA – an address used a number of times as a location for entities Kidan is associated with.

The U.S. Government Accountability Office has been critical of the Department of Justice’s restitution collection efforts. “While the DOJ has delegated collection activities to USAOs [U.S. Attorney Offices], it could provide better oversight to ensure it is making reasonable efforts to collect restitution and meeting its responsibility to victims,” it concluded in a 2018 report.

Attorney David S. Smith

Virginia attorney David S. Smith is a leading expert on restitution and forfeiture. He says the government continues to be “hit or miss” about collecting restitution and distributing it to victims.

“I do a lot of restitution collection,” he said. “Most of the time the debtor is forgotten about for many years…A lot of times the debtor is paying a small amount of money a month, but in the meantime he’s back on his feet and worth millions, and because the government hasn’t been in touch with the person, he’s happy to keep paying $200 a month, which was all he could afford when he was released.”

Failure to pay restitution that is owed can lead to a contempt of court charge. Persons who “knowingly and fraudulently” conceal assets “from a custodian, trustee, marshal or other officer of the court charged with the control or custody of property” also face the prospect of up to five years in prison.

FLUs periodically require those who owe restitution to complete, under penalty of perjury, detailed financial statements that inquire about their real estate holdings, businesses and other assets. The principal purpose is to determine the person’s ability to pay and can result in adjustments up or down. But the forms can also be used to prosecute a perjury charge.

“Even if you’re paying restitution, you could still run into criminal trouble if you hide various assets that you have an obligation to reveal to the FLU,” said attorney Smith.

While the U.S. clearly has the authority to seize a restitution debtor’s real estate and other assets, less certain is whether it could seek to claw back money a debtor contributed to political committees or candidates.

“The money is usually gone. It was spent. I’ve never heard of any effort to claw back like that. It seems it would raise all kinds of problems,” said Smith. “Could it be done? I suppose they could if money is still available.

“It would make an interesting case.”

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Comments

6 responses to “GOP bigshot Adam Kidan: A life of luxury despite owing millions in restitution from SunCruz fraud”

  1. Edward Crespo Avatar

    What an amazing coincidence! This is the SECOND time the Bulldog has done an article about a person or business entity from my past! This time it’s Adam Kidan and Sun Cruz, the defunct casino ship corporation once headquartered in Dania Beach. I worked for Sun Cruz for several years. The FIRST Bulldog article was about Peter Ticktin and the Ticktin Law Group, whom I also worked for!
    And what, you ask, do these two totally unrelated business entities have in common…besides ME being a former employee? Both Ticktin and Kidan are friends and supporters of OUR NEXT PRESIDENT…DONALD TRUMP! So, of course, the Bulldog will trash them!

    Talk about a pathetically transparent political AGENDA! And yes, Kidan is a felony-convicted ex-con – but so are a lot of Florida LAWYERS, many of whom served time in prison for various FELONIES and then got their law licenses back! I have names, Bar Nos. and many of the crimes they were convicted of! Like BASEM SOLIMAN, the confessed and convicted SERIAL CHILD MOLESTER who was only suspended instead of being permanently disbarred! Fortunately, he did not reapply to get his law license back. He disappeared!

    Maybe the Bulldog would like to contact me (again) to see the lawyer list. Maybe do some REAL “watchdog reporting!”

  2. Well, so much for the Adam Kidan story! Other than mine, you got ZERO responses! And do you know why? It’s because NOBODY knows who Adam Kidan is, much less cares! He had nothing to do with the murder of Gus Boulis 23 years ago! People don’t give a shit about irrelevant, ancient history! EVERYONE who worked in the Florida casino ship business knew how CORRUPT it all was and that it would ultimately self-destruct! Look at what happened to Sea Escape and its former owners. I was there to see it myself first hand!

    Kidan is just another unscrupulous, greedy business man who SUPPORTS Donald Trump and THAT was why you did the story in the first place! Nobody cared so nobody commented except ME, because I worked for SunCruz! Do you now see what happens when you go from true watchdog journalism to political attacks on Republicans – especially Trump?!?! He’s going to WIN no matter what you print!

    The public only cares about things that affect them PERSONALLY in their daily lives! Adam Kidan’s activities affects NO ONE! On the other hand, what’s been going on for YEARS in Florida’s legal system has negatively affected, untold THOUSANDS of Florida citizens!

    Crooked, self-serving, felony-convicted, ex-con lawyers GO BACK to serving as “Officers of the Court!” Lawyers convicted of STEALING money from their client’s trust accounts now have NEW clients with NEW trust accounts the convicted lawyers again control!
    The Florida Bar has been BETRAYING the public trust for DECADES! Some of my files go back to the 70’s! And it’s STILL going on today! Most people don’t think about the possibility that the lawyer they are about to hire is a convicted FELON with a prison record! Would they still hire that lawyer if they knew the truth? The Florida Bar publicly announces when a lawyer has been suspended or disbarred, but what they DON’T tell the public is when that lawyer quietly and discreetly “sneaks back into the game” with a reinstated law license!

    And let’s not forget the PREJUDICED, CORRUPT JUDGES who ABUSE Pro Se litigants and consider them “second-class citizens!” I’ve got LOTS of record evidence confirming that fact! Want to SEE it? Or is the Bulldog AFRAID of these errant judges??? THAT’S what “watchdog reporting” is all about! Keeping our elected officials honest! You CAN’T talk the talk if you DON’T walk the walk! Right?!?!

    The Florida Bar and the Judicial Qualifications Commission, (“JQC”), are just as dishonest, unethical and corrupt as the lawyers and judges they PROTECT from the consequences of their actions and conduct! And I have the record evidence to PROVE it! Too many state judges have BETRAYED their Oath of Office and the Code of Judicial Conduct! And they keep GETTING AWAY with it! WTF!!!

  3. BCT Signal Nine (ret) Avatar
    BCT Signal Nine (ret)

    Does Edward Crespo EVER shut up?
    Perhaps he should have his own web site?

  4. What the mysterious BCT Signal Nine (ret) doesn’t get is that the Bulldog WANTS people to comment on their stories. They USE those comments, positive or negative, as a poll to help determine which stories generate public interest and which stories are a total FLOP – like THIS one about Adam Kidan! NOBODY commented but ME and I already gave my reasons for doing so!

    BCT Signal Nine (ret), in my opinion, is a chickenshit COWARD who makes irrelevant, insulting comments WITHOUT identifying himself! He has focused on ME, which tells me it’s very possible he is either one of the scumbag lawyers I previously discussed or is somehow connected to the Bulldog! Of course, I may be wrong but even so, a political ATTACK on Donald Trump is NOT “watchdog journalism!”

    Once again, I’m offering to provide the Bulldog with everything it needs to expose the corruption, cronyism and cover up that INFESTS the Florida legal system and has caused IRREPARABLE HARM to THOUSANDS of Florida citizens! That’s the kind of watchdog reporting that MEANS something and will generate LOTS of comments…mostly from people like ME who have been VICTIMIZED!

    As for BCT Signal Nine (ret)…maybe you should try GROWING A SET OF BALLS before you post more your IRRELEVANT BULLSHIT!

  5. BCT Signal Nine (ret) Avatar
    BCT Signal Nine (ret)

    The meds aren’t working Eddie.

  6. Edward Crespo Avatar

    Then maybe you should ask your doctor to change them…Mr. Anonymous!

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