A bankrupt New York property developer was indicted on Wednesday for stealing more than $86 million from investors through an elaborate series of schemes dating
Real estate developer Nir Meir and other industry executives were indicted for stealing $86 million from investors through a failed luxury apartment development.
Bankrupt NY Property Mogul Indicted For $86 Mn Theft barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.
A bankrupt New York property developer was indicted on Wednesday for stealing more than $86 million from investors through an elaborate series of schemes dating back to 2015, authorities said.Nir Meir was arrested in the southeastern state of Florida on Monday on a New York state warrant, the Miami-Dade police department confirmed to AFP.
Meir, 49, and his accomplices allegedly stole the money from investors, contractors and city authorities, New York prosecutors said.
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