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Convicted con artist pardoned by Trump is arrested again for fraud
A New Jersey con man who was pardoned by former President Donald Trump has been arrested and is accused of defrauding investors out of millions of dollars. Eliyahu “Eli” Weinstein was charged alongside four others with a number of crimes, including conspiring to defraud investors of more than $35m and conspiracy to obstruct justice, according to a statement from the office of the US attorney for New Jersey. Each of the five defendants was charged with one count of wire fraud conspiracy and one count of conspiracy to obstruct justice. Mr Weinstein was given a 24-year federal prison sentence after being convicted of two separate investment fraud schemes — one that ran from 2004 through 2011, the other from 2012 through 2013 — across both of which he defrauded investors of roughly $230m, according to a court document. On 19 January, 2021, after Mr Weinstein had served less than eight of the 24 years, Mr Trump pardoned him. Shortly after his release from prison, Mr Weinstein started up a new scheme, the statement said. “We allege Mr. Weinstein took part in a new scheme to rip off investors by hiding his real identity,” Special Agent in Charge James E Dennehy of the Newark FBI said. Mr Weinstein allegedly used the alias “Mike Konig” in this new scheme outlined by the FBI. Mr Weinstein allegedly said in a “surreptitious audio” obtained by investigators August 2022: “We collectively did not tell everyone who I was, no one would ever give you a penny if they knew who I was . . . because I have a bad reputation.” He worked with four others, the court document states: Aryeh “Ari” Bromberg , Joel Wittels, Shlomo Erez, and Alaa Hattab. The men were accused of taking “tens of millions of dollars from investors” through the firm Optimus Investments Inc. Most of these investors were “family, friends, or close associates,” the document said. Mr Weinstein, Mr Bromberg, and Mr Wittels received a large portion of the money through Tryon Management Group LLC — another company that was owned and operated “by two other conspirators” — which promised investors opportunities to invest in deals involving Covid-19 face masks, “scarce baby formula,” and first-aid kits “bound for Ukraine,” according to the statement. However, unable to pay the investors with legitimate investment returns, the men decided to combine the funds from both Optimus and Tryon investors and “use it to make monthly payments to other investors in a Ponzi-like fashion” starting in February 2022, the document states. “Once the Tryon owners learned that Mike Konig was actually Weinstein, they agreed with the defendants to continue concealing Weinstein’s identity from investors and to raise additional money to pay off existing Tryon investors, all in an effort to stop the Ponzi scheme from falling apart and to cover up the fraud,” the statement said. The men are also charged with obstructing justice after allegedly “hiding Mr Weinstein’s assets” — $200m in restitution — owed to his previous victims, as well as allegedly “concealing his myriad business activities, which were expressly prohibited by the terms of his supervised release,” according to the court document. If convicted on both charges, each of the five men face a maximum of 25 years in prison and fines of “either $250,000 or twice the gain or loss from the offense, whichever is greatest,” according to the statement. On top of this, the Securities and Exchange Commission also filed a civil complaint against the men and two other individuals “based on the same and additional conduct,” the statement said. Mr Weinstein was one of the 143 people pardoned by former President Trump in the final hours of his term. Read More Donald Trump is the first former president arrested on federal charges. Can he still run in 2024? An inmate was pardoned by Oregon’s governor. Two years on he’s a person of interest in four suspicious deaths Egypt pardons jailed activists, including two prominent rights defenders, official reports say
2023-07-21 01:47
Hot Topic Announces Xochitl Gomez as the Face of New Back-To-School Campaign
LOS ANGELES--(BUSINESS WIRE)--Jul 6, 2023--
2023-07-06 21:19
World Sepsis Day: What is the condition and its symptoms?
Sepsis is an illness that affects nearly 50 million people worldwide each year, with around 11 million deaths attributed to the condition. In the United States, at least 1.7 million adults in the US develop sepsis annually, and nearly 270,000 die as a result, the Centres for Disease Control and Prevention (CDC) says. It affects 245,000 people in the UK each year, with around 48,000 deaths, according to the UK Sepsis Trust. World Sepsis Day commemorated on 13th September every year, strives to raise global awareness of the life-threatening condition. The day is seen as “an opportunity for people worldwide to unite in the fight against sepsis,” the Global Sepsis Alliance says. Here is everything you need to know about sepsis: What is sepsis? Sepsis Research says when the condition strikes, the immune system “overreacts” and begins to attack the infection and everything else around it “including the body’s own tissues and organs.” “Any type of infection — bacterial, viral or fungal — can lead to sepsis,” it adds. When sepsis occurs, it can cause inflammation and cause blood clotting around the body, if it does not get treated, it can result in death, organ failure and tissue damage, CDC says. Sepsis cannot be caught from another person, the NHS explains. What are the symptoms? The World Health Organisation (WHO) explains that the condition is a “medical emergency,” so if you think a person is exhibiting signs of sepsis or if you are showing signs – make sure you call 999 or go to the emergency room immediately. According to WHO, common signs and symptoms include: • Fever or low temperature and shivering • Confusion • Difficulty breathing • Clammy or sweaty skin • Extreme body pain or discomfort • High heart rate, weak pulse or low blood pressure • Low urine output Symptoms in children include: • Fast breathing • Convulsions • Pale skin • Lethargy • Difficulty waking up • Feeling cold to touch What are the causes? The Mayo Clinic says any type of infection can lead to sepsis and those that more commonly cause the condition include infections of: • Lungs, such as pneumonia • Kidney, bladder and other parts of the urinary system • Digestive system • Bloodstream • Catheter sites • Wounds or burns “Sepsis often presents as the clinical deterioration of common and preventable infections such as those of the respiratory, gastrointestinal and urinary tract, or of wounds and skin. Sepsis is frequently under-diagnosed at an early stage - when it still is potentially reversible,” the Global Sepsis Alliance says. Who is most at risk? The people most at risk of the condition, according to Mayo Clinic, are: • People with lower immune response, such as those being treated for cancer • People with human immunodeficiency virus (HIV). • People with chronic diseases such as diabetes kidney disease or chronic obstructive pulmonary disease (COPD). • people who are in intensive care or longer hospital stays. • People over the age of 65 • Infants How many cases are there globally? The WHO says a scientific publication estimated that in 2017 there were 48.9 million cases and 11 million sepsis-related deaths worldwide, which accounted for almost 20 per cent of all global deaths. That same year, almost half of all global sepsis cases occurred among children with an estimated 20 million cases and 2.9 million global deaths in children under 5 years of age. How can it be prevented? The Global Sepsis Alliance says the best to to avoid sepsis is by preventing infection. This can be done by undergoing vaccinations, ensuring that you only come into contact with clean water, washing your hands properly and if you are giving birth - making sure it is in a clean and sterilised environment. Can sepsis be treated? Sepsis can be treated with appropriate treatment such as antibiotics – this should be given as soon as possible. The CDC says sometimes “surgery is required to remove tissue damaged by the infection”. “Antibiotics are critical tools for treating life-threatening infections, like those that can lead to sepsis,” the CDC adds. Read More 5 things everyone needs to know about eczema 13 potential cancer symptoms you should get checked out How can I improve my teenager’s low mood? Duran Duran’s Andy Taylor says he’s ‘asymptomatic’ after end-of-life diagnosis Nine hours of parallel surgery: how Britain’s first womb transplant was carried out Bursts of activity that make you huff and puff ‘linked to reduced cancer risk’
2023-09-12 03:19
Russian court fines Google for failing to store personal data on its users
A Russian court has fined Google for failing to store personal data on its Russian users, the latest in a series of fines on the tech giant amid tensions between Russia and the West over the war in Ukraine
2023-11-14 19:28
When will the 'Late Show with Stephen Colbert' air next? TV host suffers ruptured appendix
Stephen Colbert announced the cancellation of the week's episodes due to his recent surgery
2023-11-28 15:56
'People are dying': Arnold Schwarzenegger flexes warning about steroid dangers
The former California governor confessed to juicing in his bodybuilding heyday of the '70s
2023-05-30 20:26
Why did Yara Zaya threaten to divorce Jovi Dufren? Night out with '90 Day: The Last Resort' star Angela Deem sparks feud
'90 Day: The Last Resort' couple Yara Zaya and Jovi Dufren's relationship seemingly gets worse
2023-08-29 10:45
Kendall Jenner quizzed about 'editing out' Bad Bunny from latest photo dump
Kendall Jenner and Bad Bunny have sparked dating rumours after being photographed together at different events - but fans have noted the Puerto Rican rapper was absent from the model's recent Instagram post. The pair were recently spotted together on May 12 at the Western Conference Semifinal Playoff basketball game between the Los Angeles Lakers and Golden State Warriors at Crypto.com Arena. In the snaps, Jenner and Bad Bunny could be seen chatting to each other, with one photo in particular becoming a mansplaining meme as the Grammy Award winner leaned over to tell the model and reality TV star something while she did her best to listen. Sign up to our free Indy100 weekly newsletter But now in a recent post to Instagram, Jenner posted a photo dump which included aerial snaps of herself in an all-black outfit with sunglasses, a mirror selfie, her 818 jeans, a foal and 818 airplane ad banner, a snap with a friend, a video riding a horse and pic of the sea. There was also a photo of Jenner at the basketball game with her friend Renell Medrano, as they both posed giving the camera the middle finger - but no sign of Bad Bunny who was sat on the other side of her. Bad Bunny fans were quick to comment how the rapper - whose real name is Benito Antonio Martínez Ocasio - didn't feature in any pictures that were posted by Jenner, and urged her to "post him." One person asked: "Where are the pictures with Beniittooo." "Y el conejo?," another person asked, which according to Instagram in English translates to "And the rabbit?" Someone else added: "Is this like the clues to a scavenger hunt." "Where the f* is @badbunnypr???!" a fourth person commented. Elsewhere, Kendall Jenner's transparent dress defended from 'disrespectful perverts'. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-05-19 16:55
Azeri envoy to France sees chance of Armenia peace deal at Europe summit
By John Irish PARIS Azerbaijan and Armenia could sign a peace settlement in their decades-old conflict over the
2023-05-26 17:55
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