Alon Ossip is involved in two legal battles

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Florida’s Keith London, a previous mayoral candidate of Hallandale Beach, is in the middle of a campaign scandal involving political contributions to a committee he previously put together. London’s Political Action Committee received $10,000 in contributions on September 4th from the Gulfstream Park Racing Association, a company owned by Alon Ossip.

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On April 16, 2018 there was a public records request made to ascertain any information about Ossip’s correspondence with elected officials, specifically mayoral candidate Keith London. This request is likely to ascertain any additional funds which were funneled to London’s campaign by Ossip or his associates.

Other allegations

This isn’t the only questionable situation Ossip has found himself in. He is currently in the midst of a lawsuit which alleges he mismanaged the family fortune of Frank Stronach, the founder of Magna International, a high-powered automotive parts company based in Florida.

According to these allegations, Ossip, along with Stronach’s daughter Belinda for mismanaging assets of The Stronach Group since 2013 when both took more of an executive role in the company. The suit states that once Ossip took over, he, “failed to fulfill his most basic obligations. “Instead, he breached repeatedly his legal equitable and fiduciary duties.” As a result, The Stronach Group took losses of $380 million from poor investments in golf courses, restaurants, and farming.