Judge dethrones Mark Harounian’s “king” defense, awards family companies $16.5M

A New York state judge had some harsh words for a Great Neck real estate scion who claimed he could take money from his family’s business to live as a “king or better.” Judge Joel Cohen recently issued a decision after a trial in an 11-year legal battle between Mark Harounian and his sister Mehrnaz Homapour over distributions and payments from the family’s Manhattan real estate portfolio.  Cohen said Harounian “demonstrated a brash willingness to skirt state and federal law and repeatedly mislead state and federal government authorities, as well as family members, both as to his income and in […]

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