Adam S. Fels

Adam S. Fels

Founding Partner

Adam is highly intelligent and develops complex legal strategies that others would miss.
Chambers USA
Ranked Tier 1 in the U.S. · White-Collar Crime (Boutique Firms)The Legal 500

Adam is a great lawyer and an amazing human being.

Adam is extremely thorough and knowledgeable.

This firm is an excellent boutique white-collar firm. The lawyers have prosecutorial and SEC experience. They are very smart lawyers, and very thorough. I have worked with them as co-counsel on cases and referred clients to them. Alex Soto is especially thorough and capable.

An outstanding litigator and trial attorney.

I was blessed to be referred to Fridman Fels, and Soto while scrambling for answers. They treated me with respect, and kindness, and from the very outset were preparing me for what the future might hold.

Ronnie Green

When I was indicted on October 26, 2023, my world shattered. I was being accused of crimes I did not commit and I knew in my heart that I was factually innocent.

Kenia Valle Boza, Indicted October 26, 2023 | Acquitted June 13, 2025

I couldn't ask for more thorough, competent, and compassionate representation. This firm literally saved my life. My experience with Adam Fels exceeded all expectations.

Former client

Overview

On June 13, 2025, after only four hours of jury deliberation, a federal jury in Miami returned a full acquittal for Adam Fels's client, Kenia Valle Boza, who had been charged with health care fraud and wire fraud in connection with what the Department of Justice's Fraud Section alleged was a $12 million Medicare fraud conspiracy. The DOJ had been promoting the prosecution publicly — at health care law conferences and in press releases — as a landmark effort to hold medical billing supervisors personally responsible for coding decisions. The acquittal stopped that enforcement theory cold.

Ms. Valle Boza's lead trial counsel, Franklin Monsour, now of Dechert LLP (formerly of McDermott Will & Emery), brought Mr. Fels onto the trial team specifically to try the case with him to verdict, a pairing that has become one of the firm's niche practices. National firms increasingly retain FFS for trial-specific reinforcement when a matter is headed to a jury rather than a plea, drawing on Mr. Fels's trial record rather than replacing their own.

That result captures what distinguishes Adam Fels's practice: he tries cases other lawyers settle, and he wins them. A founding partner of Fridman Fels & Soto, PLLC, Mr. Fels is a former Assistant United States Attorney in the Southern District of Florida for thirteen years and one of the lead prosecutors — who delivered the opening statement — in the federal government's successful prosecution of Joaquín "El Chapo" Guzmán, widely considered one of the most significant drug trafficking prosecutions in American history. For that work, Mr. Fels and the prosecution team were honored with the 2019 U.S. Department of Justice Attorney General's David Margolis Award for Exceptional Service, the Department's highest award for employee performance.

His practice at FFS spans grand jury investigations and subpoena responses, corporate internal investigations, federal criminal defense, money laundering and unlicensed money transmitter cases, health care fraud, trade secrets litigation, FCPA matters, antitrust investigations, and high-stakes civil litigation. He has appeared in federal courts across the country and has represented both individual defendants and corporations facing the full spectrum of government scrutiny — from grand jury subpoenas to trial.

Adam Fels tries cases other lawyers settle, and he wins them. A founding partner of Fridman Fels & Soto, he defends companies and individuals in white-collar criminal matters, international money-laundering cases, and complex internal investigations, appearing in federal courts from Florida and New York to California and Illinois. Chambers USA ranks him Band 2 for White-Collar Crime and Government Investigations, and the Daily Business Review has named him a Most Effective Lawyer in criminal law.

Representative Matters

In June 2025, after only four hours of deliberation, a Miami federal jury acquitted his client Kenia Valle Boza on all counts in what the Justice Department's Fraud Section had promoted as a landmark $12 million Medicare-fraud prosecution, an effort to hold a medical-billing supervisor personally responsible for coding decisions. The acquittal stopped that enforcement theory cold.

His other matters range as widely as the government's reach. He defended a former Gunvor executive charged in the Eastern District of New York in a roughly $22 million PetroEcuador bribery and money-laundering case, carried a Venezuelan businessman's challenge to a $106 million asset seizure by FARC terrorism victims to the Eleventh Circuit, and represents a client in an unlicensed-money-remittance case framed by the government as among its largest, involving more than $300 million. In a confidential arbitration with more than $100 million at stake, he defended biotechnology employees against trade-secret-theft claims, and he has assisted corporations in grand jury investigations involving national security issues. Across his matters he has won a federal appeals-court reversal of a civil judgment, below-guideline and probationary sentences, and decisions by prosecutors not to charge.

Thirteen Years as a Federal Prosecutor

Before co-founding the firm, Fels spent thirteen years as a federal prosecutor in the Southern District of Florida, specializing in international money-laundering, counternarcotics, and counterterrorism cases, and he served as a Special Assistant US Attorney in the Southern and Eastern Districts of New York. He was one of the lead prosecutors, and delivered the government's opening statement, in the successful prosecution of Joaquín “El Chapo” Guzmán, one of the largest drug kingpins ever tried in the United States; the trial team, including Fels, received the 2019 Attorney General's David Margolis Award for Exceptional Service, the Department's highest honor for employee performance. He tried and argued some of the office's highest-profile matters, among them counterterrorism cases and the prosecutions of prominent Colombian cartel leaders, and argued several appeals.

Earlier, as a Senior Trial Attorney in the Justice Department's Office of Special Investigations, Fels worked to denaturalize and deport former World War II concentration-camp guards who had entered the United States unlawfully, and he was recognized alongside his OSI colleagues with the first Assistant Attorney General's Award for Human Rights Law Enforcement. He has lectured on three continents to law-enforcement audiences and university students on money laundering, terrorist financing, and international criminal procedure. Fels holds a law degree from the University of Chicago and an undergraduate degree from Columbia University, and he began his career clerking for United States District Judge Donald M. Middlebrooks in the Southern District of Florida.

Experience

White Collar & Government Investigations

  • Confidential DOJ defense – Gunvor / PetroEcuador bribery scheme

    Represented a Canadian national and former Gunvor employee charged in the Eastern District of New York with conspiring to launder proceeds of an approximately $22 million bribery scheme involving Ecuador's state oil company, PetroEcuador. Gunvor S.A., the Swiss energy trading company, separately pleaded guilty in March 2024 to conspiracy to violate the FCPA and paid a $374.56 million criminal fine as part of a $474.4 million global resolution, admitting it paid intermediaries more than $97 million between 2012 and 2020 to bribe PetroEcuador officials to obtain and retain oil-trading business. Covered by Bloomberg, The Wall Street Journal, and international press.

  • Grand jury investigation involving national security issues

    Assisted the corporation with its responses to grand jury subpoenas in a DOJ investigation involving national security issues.

  • DOJ antitrust price-fixing investigation; client cleared

    Conducted a full internal investigation in response to government subpoenas in a DOJ antitrust price-fixing investigation, demonstrating the client's lack of involvement in the charged conspiracy; other individuals charged were subsequently acquitted. In a separate DOJ antitrust investigation of a former company officer, the firm's internal investigation led the DOJ to close its inquiry.

  • Unlicensed money-remittance prosecution

    Represents a client charged in the Southern District of Florida with money laundering arising from allegations of unlicensed money remitting, in a case involving over $350 million and among the largest of its kind ever brought by the federal government. The client is in Argentina awaiting extradition proceedings.

  • Pharmaceutical misbranding prosecution

    Secured a probationary sentence for a client charged with misbranding pharmaceutical compounds purchased from China, after the government sought 18 months' imprisonment.

  • Special Counsel investigation grand jury witness

    Represented a grand jury witness in Special Counsel John Durham's investigation into the predication of the inquiry into Russian interference in the 2016 U.S. presidential election, conducting an investigation and preparing the client for grand jury testimony.

Securities & SEC Enforcement

  • $170 million real-estate Ponzi enforcement action

    Represented an executive of a real estate investment fund in the SEC's enforcement action alleging that the fund, which had raised about $170 million, operated as a real-estate-debenture Ponzi scheme, isolating the client's position and resolving the Commission's claims against him in June 2022.

Healthcare Fraud

  • Full acquittal of medical billing supervisor

    Secured a full acquittal for Kenia Valle Boza after a two-week jury trial in June 2025 in the Southern District of Florida, defeating the Department of Justice's novel theory extending health-care-fraud, wire-fraud conspiracy, and major-fraud liability to a billing-coding supervisor in a case the government framed at roughly $12 million.

  • Compounding pharmacy CEO sentencing and FCA defense

    Held Patient Care America's CEO to the 0-to-6-month guideline range in February 2024, well below the fifteen months the government sought, after a four-day sentencing tied to a TRICARE fraud valued near $40 million; the firm also handled the civil False Claims Act phase, which resolved in 2019 for more than $65 million with a $21.36 million payment.

  • Health care fraud sentencing and probation relief

    Represented a client charged with health care fraud in connection with a family member's scheme, helping the client cooperate, reducing restitution, and obtaining a sentence below the Guidelines that avoided incarceration. The firm later obtained early termination of probation after the client served roughly 40% of the term.

Latin America & Cross-Border

  • Brazilian extradition defense tied to Operation Car Wash

    Defended a Brazilian national in the United States against an extradition request connected to an offshoot of Operation Lava Jato (Car Wash), pairing U.S. extradition practice with an understanding of the underlying Brazilian proceeding and coordinating with local counsel in Brazil across both legal systems.

  • Eleventh Circuit challenge to a $106M asset seizure

    Pursued District Court and Eleventh Circuit litigation on behalf of a Venezuelan businessman whose assets were seized by FARC terrorism victims despite no direct evidentiary connection to the FARC, drafting the Court of Appeals brief challenging the district court's findings.

  • Confidential DOJ defense – Gunvor / PetroEcuador bribery scheme

    Represented a Canadian national and former Gunvor employee charged in the Eastern District of New York with conspiring to launder proceeds of a roughly $22 million bribery scheme involving Ecuador's state oil company, PetroEcuador. Gunvor S.A., the Swiss energy trading company, separately pleaded guilty in March 2024 to conspiracy to violate the FCPA and paid a $374.56 million criminal fine as part of a $474.4 million global resolution, admitting it paid intermediaries more than $97 million between 2012 and 2020 to bribe PetroEcuador officials to obtain and retain oil-trading business. Covered by Bloomberg, The Wall Street Journal, and international press.

Complex Commercial Litigation & Arbitration

  • Cancer-compound trade-secret arbitration

    Represented four individuals employed by a biotechnology company in a confidential arbitration involving allegations of trade-secret theft in the development of cancer-treatment compounds, with more than $100 million at stake and the client serving as a critical witness; the arbitration concluded with the matter resolved.

Government Career

Mr. Fels served as an Assistant United States Attorney in the Southern District of Florida for thirteen years, specializing in international money laundering, counternarcotics, and counterterrorism prosecutions. He also served as a Special Assistant United States Attorney in both the Southern and Eastern Districts of New York.

Before his time in Miami, Mr. Fels served as a Senior Trial Attorney with the Department of Justice's Office of Special Investigations in Washington, D.C., where he worked to denaturalize and deport World War II concentration camp guards who had unlawfully entered the United States. For that work, he received the first DOJ Assistant Attorney General Award for Human Rights Law Enforcement.

Mr. Fels began his legal career as a law clerk for United States District Judge Donald M. Middlebrooks in the Southern District of Florida.

Recognition

Chambers USA 2026 — Adam Fels

Chambers USA, White-Collar Crime & Government Investigations, Florida, Band 2

2025-present

DOJ Attorney General's David Margolis Award for Exceptional Service

2019

Most Effective Lawyer, Criminal Law, Daily Business Review

2019

Federal Law Enforcement Foundation Award

2019

Timothy Evans Award for Outstanding Assistant United States Attorney

2012

DOJ Assistant Attorney General Award for Human Rights Law Enforcement, First-ever recipient

2008

Legal 500 -- Miami Elite -- Top Ranked -- White Collar Crime

2026-present

Client Testimonials

I was blessed to be referred to Fridman Fels, and Soto while scrambling for answers. They treated me with respect, and kindness, and from the very outset were preparing me for what the future might hold.

Ronnie Green

When I was indicted on October 26, 2023, my world shattered. I was being accused of crimes I did not commit and I knew in my heart that I was factually innocent. But proving that truth against a powerful legal system with vast resources was an uphill battle. My case was incredibly complex. It involved an enormous volume of data, witness testimony, records, and fine details. It demanded precision, strategy, clarity, and relentless effort. And that’s exactly what Adam Fels and the team at Fridman Fels & Soto PLLC brought from day one. Throughout trial, Adam remained focused, compassionate, and fiercely committed. His ability to break down the most complicated parts of the case, to cross-examine witnesses effectively despite every adversity, to stay grounded under pressure, and to keep hope alive even in the darkest moments, that’s something I will never forget. Being indicted felt like life had stopped. Everything I had worked for, my career, my future, my peace, was suddenly under threat. Having the right people beside you in moments like that is not just important; it’s essential. It’s like going into surgery not knowing if you’ll wake up again. But through it all, I was never alone. Adam and the team never gave up on me. Thanks to Adam and the entire team for their commitment, their compassion, their hard work, and most of all, their belief in me. On June 13, 2025, after only four hours of jury deliberation, I was found not guilty on all counts. Today, I have my voice back. I have my dignity back. I have my freedom back, because someone believed in me and never stopped fighting. I will carry that gratitude with me for the rest of my life.

Kenia Valle Boza · Indicted October 26, 2023 | Acquitted June 13, 2025

I couldn't ask for more thorough, competent, and compassionate representation. This firm literally saved my life. My experience with Adam Fels exceeded all expectations.

Former client

Insights by Adam S. Fels

Speaking Engagements

OSI's Prosecution of World War II Nazi Persecutor Cases

Hon. Ralph W. "Buddy" Nimmons, Jr. Federal Practice Seminar · U.S. Courthouse, Jacksonville, FL · April 28, 2026

In the News

OSI's Prosecution of World War II Persecutor Cases

United States Attorneys' Bulletin (authored) · January 2006

The challenges prosecutors face in their case against Venezuela's Nicolás Maduro

Interview

“Duped” and “egged on”: Capitol rioters use Trump as excuse in court

CBS News · February 16, 2021

DBR Recognizes Most Effective Lawyers for 2019

Daily Business Review · November 15, 2019

Opinion: Will El Chapo's Trial Change Organized Crime Forever?

The New York Times · February 14, 2019

Notorious Drug Lord Joaquín “El Chapo” Guzmán Convicted

CBS Miami · February 12, 2019

Joaquín 'El Chapo' Guzmán's trial: From shocking to bizarre

BBC · February 4, 2019

'El Chapo' trial jurors heard the accused Mexican drug lord's voice — or did they?

USA Today · December 19, 2018

El Chapo Trial Updates

Newsweek · December 13, 2018

Las leyendas de El Chapo, a juicio

El País · November 18, 2018

Main witness against 'El Chapo' will be 'El Chapo,' prosecutor says

NBC News · November 14, 2018

As El Chapo trial opens, attorneys offer contrasting portraits of 'mythological' drug lord

The Washington Post · November 13, 2018

Miami judge orders ex-Panamanian president sent home to face criminal charges

Miami Herald · August 31, 2017

Man Who Made Bomb Threats to Palm Beach County Schools Sentenced to More Than 3 Years In Prison

Sun-Sentinel · November 26, 2016

Man touted as one of biggest drug dealers ever gets 35 years

AP News · July 25, 2016

South Florida brothers sentenced to long prison terms for terrorist plot in New York

Miami Herald · June 10, 2015

Los detalles de la detención en Aruba del general venezolano Hugo Carvajal

Infobae · July 25, 2014

Individual Who Provided False Statements Regarding Attempted Support Of Extremist Group Pleads Guilty And Is Sentenced

U.S. Department of Justice · July 24, 2014

United States Attorney for the Southern District of Florida Announces Guilty Plea of Colombian Narcotics Kingpin

FBI · January 24, 2014

Manhattan, Brooklyn, And Miami U.S. Attorneys Announce Extradition Of Colombian Narcotics Kingpin

U.S. Department of Justice · July 9, 2013

Miami Jury Convicts Guatemalan Drug Kingpin of Distributing Cocaine Knowing it Would be Imported into the United States

U.S. Department of Justice · May 8, 2012

High-Level Colombian BACRIM Narco-Trafficker Indicted on Cocaine Conspiracy Charges

FBI · February 9, 2011

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