October 25th 2011
Eddie Weinstein: Leader of $200 Million Real Estate Investment Scam Charged With Fraud and Money Laundering
NEWARK, NJ?Eliyahu Weinstein, a/k/a ?Eli Weinstein, a/k/a ?Edward Weinstein, a/k/a ?Eddie Weinstein, was indicted today by a federal grand jury in Newark on charges alleging he ran an investment fraud scheme causing losses of at least $200 million, New Jersey U.S. Attorney Paul J. Fishman announced.
The 45-count Indictment charges Weinstein, 36, of Lakewood, N.J., with one count of conspiracy to commit wire fraud, 29 counts of wire fraud, two counts of wire fraud while on pretrial release, one count of bank fraud and 12 counts of money laundering. Weinstein will be arraigned on the Indictment on a date to be determined.
Weinstein was previously charged by Complaint on Aug. 12
Tags: Eddie Weinstein, Investment