An Illinois mall owner is being sued by his investors over mismanagement of funds.
The investors say the mall owner used their cash to fund his life of luxury.
It also alleges that investors haven't received dividend payments since 2019.
None of the company's more than 2,000 investors have received dividend payments since August 2019, and some haven't received payments since 2011, it said.
In the summer of 2022, they threw such a six-figure party, flying in friends and family on their private aircraft.
Persons:
haven't, —, Jonathan Larmore, Belleville , Illinois –, Larmore, Arciterra
Organizations:
Service, Bloomberg, Cessna, Gulfstream, Boston Terrier
Locations:
Illinois, Belleville, Belleville , Illinois, Indiana, Milwaukee