Strip Mall Mogul Convicted in Scam Tied to Fake WeWork Bid.

A strip mall mogul, Jonathan Larmore, was convicted of orchestrating a fake $77 million tender offer for WeWork Inc. to profit from stock options he bought before the company filed for bankruptcy. Larmore faces up to 20 years in prison for fraud and securities fraud charges. The case sheds light on the real estate syndication market and Larmore's alleged misappropriation of client funds from his company, ArciTerra Cos. The US Securities and Exchange Commission has also filed a lawsuit against Larmore for these actions. [Extracted from the article]