An ex-Vornado exec’s scheme ends in a conviction
A former Vornado Realty Trust leasing executive who once managed some of Times Square’s splashiest signage is staring down a prison sentence instead. Jared Solomon was found guilty on all counts in his federal fraud trial, capping five days of proceedings that peeled back what prosecutors described as a yearslong scheme to siphon millions from the real estate investment trust. The verdict came quickly — jurors deliberated for about 90 minutes — and U.S. District Judge Loretta Preska ordered Solomon taken into custody immediately, citing concerns he posed a flight risk. The government’s case hinged on a simple but lucrative […]
This article originally appeared on The Real Deal. Click here to read the full story.
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