398: Al Scudieri and Judy Hoyer – Bankruptcy, Bank Failure, Ponzi Schemes

FBI Case File Review

Jerri Williams

True Crime, Government

4.7 • 2.3K Ratings

🗓️ 20 May 2026

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Retired agent Al Scudieri and former Assistant United States attorney (AUSA) Judy Hoyer review the Allen Wolfson case, initiated as an FBI investigation of a $600,000 Tampa bankruptcy fraud that should have taken only months to resolve. Three years later, the case had led to the discovery of two nationwide Ponzi schemes and the failure of the Metropolitan Bank and Trust Company of Tampa, with about $322 million in assets. Al served in the FBI for thirty-years.

Check out episode show notes, photos, and related articles: https://jerriwilliams.com/398-al-scudieri-and-judy-hoyer-bankruptcy-fraud-bank-failure-ponzi-schemes/

Join my Reader Team to get the FBI Reading Resource - Books about the FBI, written by FBI agents, the 20 clichés about the FBI Reality Checklist, and keep up to date on the FBI in books, TV, and movies via my monthly email. Join here. http://eepurl.com/dzCCmL

Buy me a coffee - https://www.buymeacoffee.com/JerriWilliams

Check out my FBI books, non-fiction and crime fiction, available as audiobooks, ebooks and paperbacks wherever books are sold. https://jerriwilliams.com/books/

Transcript

Click on a timestamp to play from that location

0:00.0	Case really starts with Alan Wolfson, who left New York City in the early 1970s, came to Tampa,
0:06.3	and then set up shop as an investment counselor and a land developer and got in trouble with
0:12.3	something called the Key Bank. We wouldn't be talking about this case if it didn't lead us to
0:17.1	unraveling a whole network of multimillionmillion dollar fraud schemes that impacted thousands of
0:23.2	victims and caused the loss of millions of dollars.
0:28.9	Welcome to episode 398 of FBI case file review with Jerry Williams. I'm a retired agent on a mission to show you who
0:41.6	the FBI is and what the FBI does through my books, my blog, and my podcast case reviews with
0:48.1	former colleagues. Today, we get to speak to retired agent Al Skadari, who served in the FBI for 30 years,
0:57.4	five as a night shift clerk and 25 as an agent. With him is former assistant United States
1:04.7	attorney, AUSA, Judy Hoyer. They review the Alan Wolfson case, initiated as an FBI investigation of a $600,000
1:15.1	Tampa bankruptcy fraud case that should have taken only months to resolve. Three years later,
1:21.4	the case led to the discovery of two nationwide Ponzi schemes and the failure of the Metropolitan Bank and Trust Company of Tampa,
1:30.9	which at the time had about $322 million in assets.
1:37.3	Al investigated the cases reviewed in this episode with retired agent and accountant Ron Jordan. These and other cases investigated during his
1:47.9	FBI career are featured in Al Skadari's new memoir, a fortunate Fed behind the scenes in the
1:55.8	life of an FBI agent. Al served in the New York, Birmingham, Washington, D.C., San Juan, and Tampa-filled offices.
2:04.6	In Tampa, he supervised investigations involving public corruption matters, investment,
2:10.9	health care, and defense department fraud, and bank failures. After retiring from the FBI,
2:21.2	Al was the chief investigator for law firms where he investigated Medicare fraud cases. He also worked as a contractor for the investigative unit of ABC
2:28.2	World News Tonight. Al is a past president of the Society of Former Special Agents of the FBI.
2:36.2	Visit his website, author al-Sadari.com, to learn more about Al-Skidary and his new book.
2:43.0	Judy Hoyer served 17 years as a criminal prosecutor at the state and federal level, concentrating on fraud cases.
	...

Transcript will be available on the free plan in 10 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jerri Williams, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jerri Williams and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.