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N.J. U.S. Attorney: Ocean County Man Admits Conspiring With Convicted Ponzi Schemer and Others to Defraud Investors of Tens of Millions of Dollars and Obstruct Justice
March 28, 2024
TRENTON, New Jersey, March 28 -- The office of the U.S. Attorney for the District of New Jersey issued the following news release on March 27, 2024:

An Ocean County, New Jersey, man today admitted conspiring with Eliyahu "Eli" Weinstein, whose 24-year federal prison sentence was commuted after being twice convicted of defrauding investors of a total of $230 million, and others to defraud investors of more than $35 million in a new fraud scheme and to obstruct justice, U.S. . . .

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