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. before the company filed for bankruptcy in November 2023. Larmore was found guilty of fraud and securities fraud, facing up to 20 years in prison for each count. The case sheds light on the real estate syndication industry and the challenges faced by investors in commercial properties, as highlighted by Larmore's legal troubles and the subsequent actions taken by the court-appointed receiver for his properties. [Extracted from the article]