An arbitration judge awarded an Orange County property owner $1.34B after nearly three years of proceedings that centered on a fraudulently formed joint venture that took control of nearly two dozen properties in Laguna Beach and Orange County.
Respondents Mahender Makhijani, his company Continuum Analytics and affiliates were liable for fraudulent inducement, breach of contract, forcible entry and related claims, according to the award. Attorneys for Makhijani did not immediately respond to a request for comment. 
The dispute stemmed from a joint venture that took control of numerous commercial properties previously owned by Mohammad Honarkar and his company, 4G Wireless.​