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Twice-convicted fraudster set free by Trump hit with new charges of running a $38 million Ponzi scheme

Por: MarketWatch Business July 20, 2023

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Eliyahu Weinstein, a 48-year-old, former used-car salesman from Lakewood, N.J., has been accused along with five others of stealing $38 million from 150 investors since he was set free two-and-a-half years ago, according to charges brought by federal prosecutors in New Jersey and the Securities and Exchange Commission.      Weinstein had been convicted in 2014 of running a real estate Ponzi scheme that duped investors out of $200 million... + full article



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