Ultra-Orthodox families in Brooklyn, New York, September 2013.
Ultra-Orthodox families in Brooklyn, New York, September 2013. Photo by AP
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The body of missing Hasidic real estate developer Menachem Stark was discovered smoldering in a Long Island dumpster on Saturday, two days after he was kidnapped outside his Brooklyn office, according to reports in New York Media.

Police are now investigating whether Stark's business dealings are related to his murder, the New York Daily News reported.

Stark’s wife initially called a local religious security unit when Stark didn’t return home late Thursday night, the New York Post reported. Video footage taken from Stark’s office reportedly showed him being taken into a van after a struggle outside his office in Brooklyn’s Williamsburg neighborhood.

Stark’s family was offering a $100,000 reward for his return.

Stark is believed to have been carrying several thousand dollars on him at the time of his abduction.

According to the Post, public records show Stark has a string of foreclosures and a $1.3 million judgment against him.