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Debtor undervalued jewelry, is denied discharge (access required)

Ruling clears way for land fraud claims

A former Northern Virginia real estate salesman facing nearly $50 million in claims from disappointed investors lost his bid for a bankruptcy discharge by hiding the value of his jewelry, a bankruptcy judge has ruled. Mark A. Jalajel is one of two former owners of the bankrupt Total Realty Management, a Woodbridge firm that bought and ...

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