WeWork Stock Probe Led to Real Estate Empire of Florida Man Jonathan Larmore – Bloomberg

But the government’s civil case—and any hope that investors would soon get their money back—took a back seat to other proceedings. In the pre-dawn hours of March 14, more than 20 federal law enforcement agents surrounded Larmore’s house and summoned him outside with a bullhorn. According to Larmore’s legal team, they were wielding “AK-47-like” weapons. The US Attorney filed a criminal indictment later that day, laying out more details of the WeWork scheme. Larmore had spent the days before the Cole Capital press release on a madcap options-buying spree, the government alleged, bullying brokerage employees in a series of recorded phone calls. He accused one of “hijacking and stealing” from him and blustered that it was a bad idea to be “improperly holding my money.”

When asked to complete paperwork necessary for buying complicated securities, his reply was pure Larmore: “I’m on my yacht and don’t have a printer.”

US marshals had seized BBella more than a month earlier.

Source: WeWork Stock Probe Led to Real Estate Empire of Florida Man Jonathan Larmore – Bloomberg