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Embattled Belleville strip mall owner faces criminal securities fraud charge in New York

Posted on AllSides March 15th, 2024
From The Center

First, his tenants started complaining that he neglected basic maintenance at his company’s Belleville shopping center, where weeds grew in landscaping islands, trash cans spilled over, parking lot lights flickered and businesses roofs leaked. Then, the U.S. Securities and Exchange Commission filed a civil lawsuit, alleging he used $35 million from investors in his vast business holdings as a personal slush fund, financing a lavish lifestyle that included homes, personal jets and a six-figure birthday party for his dog. Now, Jonathan Moynahan Larmore, who owned a major section of Belleville...

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