BY BUDDY NEVINS
Republicans are supposed to be fiscally responsible.
You can decide if newly-elected Broward GOP Chair Frances “Rico” Petrocelli is living up to that standard.
The chairman, elected earlier this month, filed bankruptcy in November, 2011 owing $281,682.76. The case is still open.
It was his second bankruptcy.
Both cases were jointly filed with his wife, Camille Petrocelli.
Petrocelli was the executive director of the Broward Republican Executive Committee, the GOP’s county organization, from January 2011. It is not known if he remains in that job or will give it up to be chair.
He was elected party chair by GOP committee members on December 3 after the prior Chair Richard DeNapoli decided not to run again.
He was a Plantation city commissioner from 2005-2009. He remains actively involved in city politics backing candidates who criticize the current commission for fiscal irresponsibility.
Fiscal responsibility is what more than a dozen creditors are seeking from Petrocelli, alleging he has not paid his bills.
Among those who claim Petrocelli stiffed them is the City of Plantation, which states it is owned $4,558.96 for unpaid health insurance premiums.
Petrocelli is also alleged to have not paid thousands of dollars in credit card bills and $202,647.38 for a mortgage on his home at 5492 SW First Street, Plantation.
He was $40,687.63 in arrears on his mortgage when the claim was filed.
His current bankruptcy follows one that was settled in March 1991.
Petrocelli could not be reached for comment.
Below are some claims against him from the federal court file (click on each one to enlarge):
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