Haredi Ponzi Schemer's Trial Set For Next Year

Eliyahu Weinstein, 36, is charged with 45 counts of wire fraud, bank fraud and money laundering. The real estate developer is facing more than 800 years in prison and $11 million in fines if convicted on all the charges.

Eliyahu Weinstein

Bill Bowman of the Asbury Park Press reports:

The Lakewood man charged with masterminding a $200 million Ponzi scheme is scheduled to stand trial next year, more than two years after he was arrested.

Eliyahu Weinstein, 36, is charged with 45 counts of wire fraud, bank fraud and money laundering. The real estate developer is facing more than 800 years in prison and $11 million in fines if convicted on all the charges.

U.S. District Court Judge Joel A. Pisano, sitting in Trenton, set Weinstein’s trial date as Jan. 7, 2013, during a one-hour hearing on Jan. 17.

…Pisano also relaxed Weinstein’s house arrest terms. The former rabbinical student and used car salesman will be allowed to leave his home between the hours of 7 a.m. and 8 p.m., but he must still wear his monitoring bracelet…

Prior to this ruling, Weinstein could only leave his house to meet with his attorney, for medical visits and for religious purposes.

All other conditions of his release — including staying within state boundaries, having no contact with potential witnesses and having all non-household financial transactions worth more than $1,000 approved by a special counsel — remain in effect.…

[T]he government argued against the relaxation of Weinstein’s house arrest, contending that he “committed crimes before while on pretrial release and should not be rewarded.”

U.S. attorneys were in court in October, asking that Weinstein’s [$10 million] bail be revoked because, they charged, he had continued to swindle people out of money and had committed other violations of his bail.

An agreement was reached setting the terms [that stayed] in effect until [Tuesday's] hearing, and the motion [to revoke bail] was dropped.

Comments

[RightJew]

Isn't it fascinating how Shmarya devotes massive blog coverage to the .1% of Chareidi Jews who commit crimes, yet there's not a peep on FM about the never ending, murderous, racist attacks on Jews by black savages in the jungles of Obamanation?

- Jewish Women and Children Randomly Fired At
- Brazen Armed Mugging in the Heart of Crown Heights
- BR Girls Harassed on Their Way Home from School

http://www.crownheights.info/index.php?catid=23&blogid=1

[flat earth]

.1% represents only the ones who get caught.

[KJ]

U.S. District Court Judge Joel A. Pisano, sitting in Trenton, set Weinstein’s trial date as Jan. 7, 2013

MY G-D is our system constipated! So much for the speedy trial theory.

[old lakewooder]

That's the Gov's pigeon time, they all get it-even Dweck.

[yechi ben levitas]

To RightJew;this blog seems to be aimed at the chardei jews who pretend to be pious but are actually impious in their behaviour.Thank goodness the percentage of paedophile jews fraudsters and others of criminal intent are so few. They all in their own way bring shame on the jewish people all over not only in new york and the surrounds.it is fascinating how much muck is raked up from the state of New Jersey. While your remarks are of importance, this blogger is A BRAVE WORRIOR. He does not create nor cause the stink,he lances the boil so the puss can be drained out. I suggest you make your own blog to bring your issues into the light.

[A. Nuran]

Rabbi.
Used Car Salesman.
Ponzi Schemer.

Sounds like he's only worked in one field in his life.

[yechi ben levitas]

to right jew: obamanation. so you all appealed to your president for mercy for rubashkin, and now you refer to your president as a abomination. you are making a heck of a good job in making yourself infamous.

[deremes is sheker]

Now I understand why I saw this lowlife at a kosher food establishment. His house arrest terms are relaxed a bit. Saw him with one of his sons . Nebach poor child.

[Anon]

They have given him a long time before trial so they can try and get him to turn state witness.

[RightJew]

Reply to Yechi:

On Rubashkin - I know little about his case, nor did I appeal to the president on it. The extreme length of Rubashkin's sentence for alleged white collar crimes strongly suggests the stench of anti-semitism in the court system and government.

[A. Nuran]

RightJew, you're being dishonest. You've been here long enough to have been exposed to the facts. In case you skipped over them, here are the important ones.

1) Rubashkin was convicted of dozens of felony counts. The evidence was irrefutable.

2) The Federal sentencing guidelines dictate a 20-30 year sentence for one count, let alone doeznes.

3) He was offered a plea deal and turned it down.

4) He got a 22 year sentence.

5) He continually lied to the investigators and the judge including under oath. He got five years tacked on for that.

6) He made no redstitution. He showed no remorse. He lobbied politicians to interfere with the independence of the judiciary in his case.

That's not anti-Semitism. That's an arrogant man who believed he was untouchable and suffered the usual consequences of that delusion

[BeenThereDoneThat]

I pray to god that he gets the same help and mercy from god that he gave to rubishkin.

[Bas Melech]

When I ask my friends who live in Lakewood or have children about Weinstein, they tell me, "Whatever it is, it is all loshon hora."

I think they all know him and made them rich.

[TheRealJoe]

Why would anyone in this guy's situation go to trial unless he's playing the lotto ?????

[Monseymaidel]

Shmarya -
Typo in the headline.

[seymour]

Posted by: RightJew | January 19, 2012 at 12:17 PM

neither does a blog that reports about criminals activities of former sport stars

what is your point?

as far as antisemitism I guess you did not research how many non Jews are sitting for a long time for similar crimes or how many harsh sentences Judge Reade has given to others?

but I guess you do not care to know if you would just do a search on this blog and see the facts

[Bob Guthrie]

Posted by: RightJew

"Isn't it fascinating how Shmarya devotes massive blog coverage to the .1% of Chareidi Jews who commit crimes."

Because, by now, you have been told many times, this is what the blog coverage IS ABOUT.

The other subjects you mentioned are probably covered by other blogs, YNet, JP, or American news.

You just continuously keep pushing the discussion away by edit trolling,... and it's getting old, so:

How about this Haredi Ponzi Schemer's Trail Set For Next Year?.

[Darth_Zeidah]

Isn't it fascinating how Shmarya devotes massive blog coverage to the .1% of Chareidi Jews who commit crimes, yet there's not a peep on FM about the never ending, murderous, racist attacks on Jews by black savages in the jungles of Obamanation?

Look, sweetheart: this is Shmarya's website.

He decides what to publish on it - not you.
He edits it - not you.

You don't like this - either start your own website, or stop reading this one.

Or even both - it's up to you.

[Dave Barnett]

Here in London there are huge repercussions as a result of this ganeffs actions. Many honest and decent and frum people are faced with huge problems stemming from his and others greed.
These people always manage to hide behind their black hat but not for much longer.

[Fact]

Rachmonus on Weinsteins wife and Children

[A. Nuran]

"Black savages"
"Obamanation"

Yeah. There's also nothing about the heebs killing Christ and using the blood of children for their matzoh. You're a nasty little racist whose only sorrow in life is that the Klan doens't let in Jews.

[rebitzman]

Isn't it fascinating how Shmarya devotes massive blog coverage to the .1% of Chareidi Jews who commit crimes, yet there's not a peep on FM about the never ending, murderous, racist attacks on Jews by black savages in the jungles of Obamanation?

"They do it too" is not a defense.

And there is no defense for racism...........you racist.

[KENJI]

to RighJew...you must be a 100% certified kosher idiot if you did not noticed the purpose of this publication or blog, is precisely to deal with the 1% of Charedi Jews who commit crimes that otherwise NOBODY will ever know about but for this publication. Thanks, you may now go shopping for a brain donor.