Wilfs hit with $84.5M penalty for fraud
Zygi Wilf (Joshua S. Kelly/USA TODAY)
Zygi Wilf (Joshua S. Kelly/USA TODAY)
Posted Sep 23, 2013

The Wilf family, owners of the Vikings, was hit with an $84.5 million ruling against them after a New Jersey judge ruled they committed fraud and breach of contract in a 1980s development deal.

A judge in New Jersey has ordered Minnesota Vikings owners Zygi and Mark Wilf and their cousin to pay $84.5 million to two former business partners they defrauded in a 1980s real estate deal.

The Star Tribune reports the ruling Monday from Superior Court Judge Deanne Wilson covers compensatory and punitive damages to plaintiffs Josef Halpern and Ada Reichmann.

Wilson ruled last month that the Wilfs and their cousin, Leonard Wilf, committed fraud and breach of contract and violated the state’s civil racketeering laws.

The Wilfs can appeal. Their attorneys planned to brief the media later Monday.

The Wilfs’ New Jersey legal troubles raised concerns it could interfere with Minnesota’s construction of a new Vikings stadium. But a state review earlier this month concluded that is not likely.

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