{"id":371933,"date":"2026-06-23T20:37:10","date_gmt":"2026-06-23T20:37:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/371933\/"},"modified":"2026-06-23T20:37:10","modified_gmt":"2026-06-23T20:37:10","slug":"california-real-estate-fraud-leads-to-billion-dollar-jams-award","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/371933\/","title":{"rendered":"California real estate fraud leads to billion-dollar JAMS award"},"content":{"rendered":"<p>                                <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/06\/ewogICAgICAgICAgICAgICAgICAgICAgICAiYnVja2V0IjogImZpbGVzLmxici5jbG91ZCIsCiAgICAgICAgICAgICAgICAgICAg.jpeg\" onerror=\"this.style.display='none'\" width=\"945\" height=\"526\" alt=\"California real estate fraud leads to billion-dollar JAMS award\"\/><\/p>\n<p>                                        Laguna Beach, California, where Honarkar built (and then lost) his property portfolio (Credit: shutterstock.com\/josh gunter)<\/p>\n<p>A JAMS arbitrator has awarded US$1.3 billion to a California real estate mogul after finding that he was fraudulently induced into a joint venture by his former partner, who then destroyed his property portfolio.\u00a0<\/p>\n<p class=\"login-title\">To read more<\/p>\n<p>        Subscribe to Global Arbitration Review<\/p>\n<p>                    Register for limited access<\/p>\n<p>Register for free to receive GAR\u2019s daily briefing and access to GAR 100.<\/p>\n<p>\n            <a href=\"https:\/\/globalarbitrationreview.com\/account\/register\" class=\"btn btn-lg mb-xs-4 mb-md-5\" rel=\"nofollow noopener\" target=\"_blank\">Register now<\/a><br \/>\n                            Subscribe to unlock unlimited access<\/p>\n<p>Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.<\/p>\n<p>\n        <a href=\"https:\/\/globalarbitrationreview.com\/info\/subscribe\" class=\"btn btn-lg mb-xs-4 mb-md-0 mb-lg-5 mb-xl-0\" rel=\"nofollow noopener\" target=\"_blank\">Subscribe now<\/a><\/p>\n<p>        Already have access? Login below<\/p>\n","protected":false},"excerpt":{"rendered":"Laguna Beach, California, where Honarkar built (and then lost) his property portfolio (Credit: shutterstock.com\/josh gunter) A JAMS arbitrator&hellip;\n","protected":false},"author":2,"featured_media":371934,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,9,8],"class_list":["post-371933","post","type-post","status-publish","format-standard","has-post-thumbnail","category-california","tag-california","tag-california-headlines","tag-california-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/371933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=371933"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/371933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/371934"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=371933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=371933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=371933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}