Former Vornado exec accused of embezzlement plans to fight charges

Jared Solomon, the former Vornado vice president accused of embezzling more than $9 million from the REIT, has decided to fight the charges. Solomon, alongside his attorney, Peter Toumbekis, pleaded not guilty on December 4 after prosecutors from the U.S. Southern District’s office charged him with one count each of wire fraud and aggravated identity theft. In May, prosecutors told the judge overseeing the case that they had reached an agreement in principle with Solomon to change his plea to guilty. But soon after, Solomon brought on a new legal team at Aidala, Bertuna & Kamins, who said they needed […]This article originally appeared on The Real Deal. Click here to read the full story.