Jared Solomon

Introduction

Jared Solomon, 49, of New York City, a former vice president of leasing at the commercial real estate company Vornado Realty Trust, was sentenced to 11 years in prison by U.S. District Judge Loretta A. Preska for wire fraud, aggravated identity theft and bank fraud in connection with a 14-year scheme that defrauded his employer of more than $9.5 million, forged the signatures of real people, and lied to banks. He was convicted in April 2026 following a one-week jury trial and was remanded into custody following the conviction.

Background Information

Solomon worked his way up at Vornado from leasing agent to vice president of leasing, a position that gave him authority over the broker fees and construction-reimbursement expenses the company paid on its commercial real estate deals. Beginning in 2009, according to the indictment and trial evidence, he began inventing commercial real estate broker companies — businesses that existed on paper, with bank accounts he controlled — and then lying to Vornado that brokers were owed fees or reimbursements on deals he worked. The scheme ran undetected for approximately 14 years, across two of the company’s hiring titles and through the height and aftermath of New York’s commercial real estate cycles.

The Controversy or Incident That Led to Their Cancellation

Convicted by a jury and sentenced. Solomon was found guilty at trial in April 2026 of wire fraud, aggravated identity theft and bank fraud and was remanded at conviction; on sentencing day he received 11 years in prison, three years of supervised release, forfeiture of more than $9 million, and a restitution order.

In total, Solomon caused Vornado to make 17 payments totaling over $9.5 million for services that were never performed, with the money routed to bank accounts in the names of his fake broker businesses. To carry out and conceal the scheme, he created fictitious personas and email accounts, used a temporary phone number and a newly purchased cellphone to pose as representatives of the fake companies, forged the signatures of real people on the fake agreements he submitted to his employer, and provided a fraudulent business certificate to a bank to open a business bank account.

The proceeds bought a visible life: a $4.55 million house in Purchase, New York; a $3.6 million apartment on the Upper East Side of Manhattan; a country club membership; and a Porsche, among many other luxury expenses. The fraud reached beyond Vornado — Solomon provided false information and a doctored bank statement to a mortgage lender to obtain an $850,000 mortgage loan, the bank-fraud count of his conviction. Attorney for the United States Sean S. Buckley, announcing the sentence, said: “For fourteen years, Jared Solomon abused the trust his employer placed in him, inventing brokers and stealing more than $9.5 million for services that were never performed… This individual, as shown, took advantage of his position and used victims’ personally identifiable information. This will not be tolerated on any level.”

Public Reaction and Consequences

The sentence concluded a case prosecuted by the Southern District of New York’s General Crimes Unit, with Assistant U.S. Attorneys Adam Z. Margulies, Rita K. Maxwell, Joe Zabel and Daniel C. Richenthal in charge, and the U.S. Postal Inspection Service credited with the investigative work. The consequences stack: 11 years in prison, remanded at conviction rather than awaiting sentencing free; three years of supervised release; forfeiture of over $9 million in fraud proceeds and of his interest in the two luxury homes bought with them; and restitution on top.

Current Status

As of the sentencing announcement, Solomon is in federal custody serving an 11-year term — a sentence without parole in the federal system — with three years of supervised release to follow. His interest in the Purchase house and the Upper East Side apartment is subject to forfeiture, and restitution has been ordered. The April 2026 jury verdict is final unless appealed; no appeal is reported in the announcement.

Impact on Their Career/Life

Solomon’s conviction erased a two-decade commercial real estate career with one of New York’s largest landlords, and the identity-theft count attaches his scheme to real people whose signatures he forged, not a faceless employer. The 14-year span worked in his favor until it became the prosecution’s headline — seventeen fabricated payments slipped through because nobody audits a trusted vice president — and the forfeiture order now strips the houses, the Porsche-era lifestyle and more than $9 million of it away. At 49, with a jury conviction for wire fraud, identity theft and bank fraud, his prospects in any industry that touches finance or real estate are effectively closed for the length of the sentence and beyond.

Sources

• U.S. Attorney’s Office, Southern District of New York, “Former Commercial Real Estate Vice President Sentenced To 11 Years In Prison For Defrauding His Employer Of Over $9.5 Million,” November 5, 2026. source