Jared Solomon gets 11 years for $9M Vornado fraud

by The Real Deal NY

Jared Solomon was sentenced to 11 years in prison for the $9.5 million leasing scheme he ran from inside Vornado Realty Trust. Solomon, pale and 20 pounds lighter than when he was last in court in April, wept inside the Federal courthouse in Lower Manhattan Thursday as he expressed remorse for his crime and said he acted with a “complete lack of a moral compass.” “To be clear and to be completely blunt, I engaged in fraud,” the 49-year-old said, dressed in a tan prison uniform and his legs shackled. Solomon was convicted at a trial in April on two […]

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