Yesterday, 12:33 PM
Eliyahu Weinstein, another criminal of the Kabbalah Zionist cult Chabad-Lubavitch, defrauded Lubavitchers in his community in New Jersey, who trusted him. Trump pardoned him after he was supported by Alan Dershowitz.
Eliyahu Weinstein pleaded guilty in 2 cases for which he was sentenced to 24 years in prison.
One was a $200 million real estate Ponzi scheme, in which he milked his victims using a virtual portfolio of fake real estate investments.
Weinstein to get their money lied that he had inside access to certain real estate opportunities so he could buy below the market price. He forged documents, including phony mortgages and deeds, and “show checks” that were altered to look like they were worth millions of dollars.
While Weinstein was awaiting trial, he conned an investor out of $6.7 million by convincing him he had an inside track on shares of the Facebook IPO.
In the civil lawsuits filed against him, Weinstein was accused of taking more than $470 million through complex real estate deals in New Jersey, Pennsylvania, Florida, Great Britain and Israel that never materialised, and the money disappeared.
Judge Pisano, who sentenced him, ordered Weinstein to pay $215.4 million in restitution to his victims and forfeit another $215.4 million to the government. The judge found that the defendant could pay $1,000 a month, which would take him more than 35,000 years to repay the $430 million.
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