Prosecutors drop bombshell in Vornado VP’s fraud case

In his opening statement earlier this week, Jared Solomon’s defense attorney vehemently denied the government’s allegations that his client had created a fake brokerage to scam millions of dollars from his employer, Vornado Realty Trust. “I want you all to know, there’s no fake company,” defense attorney Peter Toumbekis told the jury Tuesday. “You’re going to see the evidence. They’re real companies.” As it turns out, Solomon already told prosecutors the company was bogus. Now the feds are calling Toumbekis out for his dodgy opening remarks, and it could have a major impact on the trial. On Wednesday, prosecutors from […] This article originally appeared on The Real Deal. Click here to read the full story.