⏱ 2 min read
A decade-long grift by a Manhattan real estate big shot has finally run out of steam. Jared Solomon, a former VP at Vornado Realty Trust, was just found guilty of bilking his former employer out of $9.5 million in a scheme that spanned from 2009 to 2023.
Solomon cooked up fake invoices and agreements for work that never got done, and forged signatures to cover his tracks. He used the cash to buy himself a $4.5 million house, a swanky Upper East Side apartment, and a Porsche, among other luxury items.
The scam unraveled when Solomon’s fake business deals started to blow up in his face. He’s now facing serious time in the slammer, and the feds say they’re committed to holding accountable anyone who tries to defraud and deceive others through lies and identity theft.
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📋 Key Facts
- Crime: White Collar Crime
- Defendant: Identity Theft
- Location: NY
- Source: DOJ Press Release
