Shangri-La accuses former CFO of embezzling $40M
Briefly

Shangri-La accused the 29-year-old Holmes of bank fraud and check kiting from 2022 through last year from company lenders, banks and brokers, as alleged in the lawsuit.
While the developer defaulted on loans tied to its Project Homekey sites, Holmes and his girlfriend hit the L.A. high life, according to the complaint.
Read at therealdeal.com
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