Trump-Pardoned Fraudster Back in Prison for New Fraud Conviction
Following a 2021 commutation from a previous fraud conviction, Eliyahu “Eli” Weinstein has been sentenced to 37 years in federal prison for defrauding investors. The US district judge Michael Shipp also ordered Weinstein to pay over $44 million in restitution. Weinstein’s recent conviction involved a scheme where he and others falsely promised investors access to deals with medical supplies and other goods, resulting in approximately $35 million lost to investors. This marks Weinstein’s third fraud conviction in a New Jersey federal court, adding to a history of fraudulent activities and previous prison sentences.
John Q. Hosedrinker