News Summary
Four bail bondsmen associated with Paradise Bail Bonds in Key Largo have been arrested for serious charges including armed kidnapping and extortion. The arrests, resulting from an extensive investigation initiated by complaints to the Department of Financial Services, are part of ongoing efforts to ensure legal practices within the bail bonds industry. The group is accused of misconduct, including detailing an incident where they unlawfully apprehended a man. These arrests underscore significant law enforcement initiatives to combat financial crimes while ensuring public safety in Florida.
Florida – Four bail bondsmen affiliated with Paradise Bail Bonds in Key Largo have been arrested on serious charges of armed kidnapping and extortion. The individuals arrested include Eduardo Caceres (47, Miami-Dade), Luis Hernandez Salas (34, Florida City), Alexander Michael Rispa (43, Homestead), and Juan Carlos Soto Arraga (30, southeast Miami-Dade). The arrests were made public by the Florida Department of Law Enforcement (FDLE) and the Department of Financial Services (DFS), highlighting ongoing efforts to combat illegal activities within the bail bonds industry.
The arrests took place on Tuesday and Wednesday following an extensive investigation prompted by complaints received by DFS. This investigation revealed alarming allegations of misconduct involving the bail bondsmen, specifically accusations of armed kidnapping linked to an incident that occurred on January 11, 2022. During this incident, it is reported that Rispa unlawfully entered a home in Miami-Dade while armed and wearing body armor, posing as an agent. He, along with his accomplices, allegedly handcuffed a man and transported him across county lines to the Florida Keys, where the individual was subsequently released to the Monroe County Sheriff’s Office due to an outstanding warrant.
In addition to armed kidnapping charges, Caceres, Rispa, and Hernandez face multiple other charges, including fraud and battery. Notably, Caceres recorded the entire incident and later posted the footage on social media, drawing further attention to their activities. While Rispa acknowledged during the investigation that a bondsman lacks the authority to apprehend someone without an appointment from the same insurance company, these acknowledgments have only added to the gravity of the charges against him.
Soto is also facing serious allegations, including acting as an unlicensed bail bond agent. He reportedly solicited payments from families while arranging individuals’ releases, which constitutes fraud-related offenses under Florida law. The ability of these agents to operate outside the legal framework not only jeopardizes public safety but raises concerns about the integrity of the bail bonds system in the state.
While Hernandez, Rispa, and Soto were arrested in Monroe County, they were later able to bond out. Conversely, Caceres turned himself in and was taken to the Turner Guilford Knight Correctional Center before eventually bonding out as well. The series of arrests underscores a significant crackdown on unlawful bail bond practices performed by a small number of individuals, reflecting broader statewide initiatives to address financial crimes that adversely affect citizens.
The state’s Chief Financial Officer, Blaise Ingoglia, has reiterated the commitment to address financial crimes, declaring that such actions will not be tolerated as they undermine the trust within the community. The recent arrests serve as a stern warning to those operating outside the regulations: the state is vigilant in its efforts to uphold the law and protect citizens from potentially harmful practices.
Background investigations revealed that Rispa and Soto were also arrested in Miami-Dade earlier in July on extortion charges. The extent of their criminal activities has drawn heightened scrutiny from law enforcement agencies, which are committed to ensuring that the bail bonds industry adheres to lawful operations that prioritize public safety and integrity.
In conclusion, the arrests of these four individuals represent a small yet significant victory for law enforcement in Florida. As the investigation continues, authorities remain focused on examining the practices of bail bondsmen across the state, determined to bring those who exploit the system to justice.
Deeper Dive: News & Info About This Topic
- Local 10 News: South Florida Bail Bondsmen Arrested
- Wikipedia: Bail Bond
- Local 10 News: Bondsmen Extorted Couple
- Google Search: Bail Bonds Florida arrests
- Keys Weekly: Shooter Preston Brewer
- Encyclopedia Britannica: Crime Law
- Miami Herald: Crime News
- Google News: Florida Bail Bondsmen arrests

Author: STAFF HERE PETERSBURG WRITER
ST PETERSBURG STAFF WRITER The ST PETERSBURG STAFF WRITER represents the experienced team at HEREStPetersburg.com, your go-to source for actionable local news and information in St Petersburg, Pinellas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Grand Prix of St. Petersburg, Localtopia, and SHINE Mural Festival. Our coverage extends to key organizations like the St. Petersburg Area Chamber of Commerce and St. Pete Downtown Partnership, plus leading businesses in finance, manufacturing, and healthcare that power the local economy such as Raymond James Financial, Jabil, and Bayfront Health St. Petersburg. As part of the broader HERE network, including HEREJacksonville.com, HEREOrlando.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.