The South Florida automotive retail community was rocked this week when news broke that Ed Morse, who built a local automotive empire, was reportedly conned out of $58 million by his attorney, a guy who right now is in some pretty serious trouble facing accusations that go way beyond his dealings with the Morse family.
The fact that an 88-year-old war veteran was bilked by a man that he trusted – who reported forged signatures of federal judges and faked documents – is tragic enough. But what is even more disheartening is that because Mr. Morse was a car dealer, some find it hard to be sympathetic.
The reality is that the Morse family has given millions of dollars – through their dealerships and probably personally – to organizations throughout this community. Like most of the other car dealers, they are important members of the communities they live in and they are strong supporters of everything from local chambers of commerce to the Boys & Girls Clubs of Broward County. The dealerships that the company owns will not be impacted by the deceit but it is safe to say that the Morses will. And no matter what you think of car dealers, you have to agree that it is a sad and disheartening situation. One can only hope that the Morses recover some of their losses.
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