NEW YORK: 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 on Monday of defrauding more than 150 investors of US$41mil, while falsely promising to invest their money in Covid-19 masks, scarce baby formula and first-aid kits bound for Ukraine.
