Legal
Ponzi Schemer Who Got Trump Clemency Convicted in New Fraud Case
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Federal jurors convicted a New Jersey man on fraud and money laundering charges after his previous 24-year prison sentence over a Ponzi scheme was commuted by President Donald Trump in his first term.
Eliyahu “Eli” Weinstein, 49, was found guilty Monday of defrauding more than 150 investors of $41 million while falsely promising to invest their money in Covid-19 masks, scarce baby formula and first-aid kits bound for Ukraine.