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Prominent NYC developer is indicted on charges of stealing $86MILLION from investors including those backing a failed luxury high-rise where apartment prices started at $2.8million
- Real estate developer Nir Meir, 49, and other executives from HFZ Capital Group were charged with stealing $86 million from investors
- Prosecutors said Meir directed people to inflate their monthly invoices’ to make it appear they were further along in the project than they actually were
- The 49-year-old was arrested in Florida on Monday, just days after he filed for bankruptcy and claimed to only have $50 in assets
