Eliyahu Weinstein stole hundreds of millions of dollars in fake stock schemes, fake real estate deals and in related frauds, and is now serving a 22-year prison sentence. Weinstein received a summons in federal prison for yet another alleged fraud. This new fraud involves Weinstein convincing someone to put their home up as collateral for loan Weinstein wanted to take out. Weinstein would invest the money in a 'sure thing,' and the person would get all his money back plus a hefty profit. But there allegedly was no 'sure thing,' and Weinstein simply took out the loan and kept the money. The person's house in now in foreclosure.
Above: Eliyahu Weinstein
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