![<p>A real estate developer serving time for fraud gets a second chance.</p><p></p><p><strong>Sponsors</strong><br>Routable - <a href="http://ohmyfraud.promo/routable">http://ohmyfraud.promo/routable</a><br>UNC - <a href="http://ohmyfraud.promo/unc">http://ohmyfraud.promo/unc</a></p><br> <br><ul><li>(00:00) - Eli Weinstein is Pardoned</li>
<li>(01:41) - Podcast Announcements and Reviews</li>
<li>(08:01) - Lakewood Township and Weinstein's Background</li>
<li>(09:14) - Weinstein's Real Estate Fraud</li>
<li>(11:09) - Legal Troubles and Indictments</li>
<li>(16:13) - Weinstein's Sentencing and Clemency</li>
<li>(22:34) - The Complexity of Executive Clemency</li>
<li>(24:11) - Weinstein's New Fraud Scheme</li>
<li>(25:32) - The Optimus Investments Scam</li>
<li>(30:02) - Unraveling the Fraud</li>
<li>(35:30) - The Downfall and Legal Consequences</li>
<li>(40:39) - Reflections on Clemency and Fraud</li>
<li>(47:09) - Final Thoughts and Credits</li>
</ul><p><br><strong>Take our survey:</strong> <a href="https://forms.gle/mRrR7FPCZs8eWnog8">https://forms.gle/mRrR7FPCZs8eWnog8<br></a><br><strong>Get NASBA Approved CPE or IRS Approved CE<br></strong><a href="https://www.earmark.app/channel/3e3ead9f-c5d3-4c38-bcc8-2cc3e1680739">Launch the course on EarmarkCPE to get free CPE/CE</a></p><p>Download the app:</p><p>Apple: <a href="https://apps.apple.com/us/app/earmark-cpe/id1562599728">https://apps.apple.com/us/app/earmark-cpe/id1562599728</a><br>Android: <a href="https://play.google.com/store/apps/details?id=com.earmarkcpe.app">https://play.google.com/store/apps/details?id=com.earmarkcpe.app</a></p><p>Questions? Need help? Email <a href="mailto:support@earmarkcpe.com">support@earmarkcpe.com</a>.</p><p><strong>CONNECT WITH CALEB<br></strong><br>LinkedIn: <a href="https://www.linkedin.com/in/calebnewquist/">https://www.linkedin.com/in/calebnewquist/</a></p><p><strong>Sources:</strong></p><ul><li><a href="https://trumpwhitehouse.archives.gov/briefings-statements/statement-press-secretary-regarding-executive-grants-clemency-012021/?utm_source=link&utm_medium=header">Statement from the Press Secretary Regarding Executive Grants of Clemency</a> [WH]</li><li><a href="https://en.wikipedia.org/wiki/Lakewood_Township,_New_Jersey">Lakewood Township, New Jersey</a> [Wikipedia]</li><li><a href="https://www.bloomberg.com/features/2025-eli-weinstein-ponzi-fraud/?sref=SCKvL4TY">Eli Weinstein’s Second Chances</a> [Bloomberg]</li><li><a href="https://archives.fbi.gov/archives/newark/press-releases/2010/nk081210-1.htm">Leader of $200 Million Real Estate Investment Scam Arrested for Fraud</a> [FBI]</li><li><a href="https://www.justice.gov/archive/usao/nj/Press/files/Weinstein,%20Eliyahu%20Indictment%20News%20Release.html">Leader of $200 million real estate investment scam charged in 45-count indictment with fraud and money laundering</a> [DOJ]</li><li><a href="https://www.justice.gov/archive/usao/nj/Press/files/pdffiles/2011/Weinstein,%20Eliyahu%20Indictment.pdf">US v. ELIYAHU WEINSTEIN</a> [DOJ]</li><li><a href="https://www.justice.gov/usao-nj/pr/leader-multi-million-dollar-real-estate-fraud-scheme-pleads-guilty-fraud-and-money?bm-verify=AAQAAAAM_____8VAc6UHUup24wg1u1AtHdwgtmxYsMNeoySoHsj4aKYxjTbuQeRh5DPCHUb1ICEm3Ack1I_UbnBfKrwfFNCjqLAMAma_iO0SlfshSojhiG_GxggvG9e_glh5kZepdjyrSbziScuSFBxczJa_17D9EY-35KYLA5DjsBrlyT3MH6KS5T9IYcSECZM_fIjciDvlbFcUORbuvA4hVCMeW_zlFid96Z8qKYBuV_9YcC8sxGVCFhyskkU5Rjwo3CprDPKTho2PZp1sp-SPw3L35P-0kH1QX27K6wJxk-r79ndfrdJMzSQk1Bj11StJpnEgB-s9XEnT6mAcAVzneM3yG0px1oCp501NVYR1ISEkIt1GSoQSiDCq_u0EtKngLoRJesnuPt340U2Uw1stgU4uSh42">Leader Of Multi-Million Dollar Real Estate Fraud Scheme Pleads Guilty To Fraud And Money Laundering</a> [DOJ]</li><li><a href="https://archives.fbi.gov/archives/newark/press-releases/2014/leader-of-massive-real-estate-fraud-scheme-sentenced-to-22-years-in-prison-for-fraud-and-money-laundering">Leader of Massive Real Estate Fraud Scheme Sentenced to 22 Years in Prison for Fraud and Money Laundering</a> [DOJ]</li><li><a href="https://www.fbi.gov/contact-us/field-offices/newark/news/press-releases/convicted-ponzi-schemer-eliyahu-weinstein-arraigned-on-new-charges">Convicted Ponzi Schemer Eliyahu Weinstein Arraigned on New Charges</a> [FBI]</li><li><a href="https://www.justice.gov/usao-nj/convicted-ponzi-schemer-eliyahu-weinstein-sentenced-additional-24-months-prison-new-fraud">Convicted Ponzi Schemer Eliyahu Weinstein Sentenced To Additional 24 Months In Prison On New Fraud And Money Laundering Charges</a> [DOJ]</li><li><a href="https://www.nytimes.com/2021/01/27/us/politics/trump-pardons.html">The Road to Clemency From Trump Was Closed to Most Who Sought It</a> [NYT]</li><li><a href="https://www.nytimes.com/2021/03/21/us/politics/trump-pardons.html">Access, Influence and Pardons: How a Set of Allies Shaped Trump’s Choices</a> [NYT]</li><li><a href="https://www.youtube.com/watch?v=Xq4x6uVNiM4">A Ponzi Schemer Freed by Trump Strikes Again</a> [Bloomberg Originals]</li><li><a href="https://www.justice.gov/usao-nj/pr/convicted-ponzi-schemer-and-alleged-conspirator-indicted-multimillion-dollar-fraud">Convicted Ponzi Schemer and Alleged Conspirator Indicted for Multimillion-Dollar Fraud Scheme and Obstruction of Justice</a> [DOJ]</li><li><a href="https://www.justice.gov/usao-nj/media/1339026/dl?inline">US v. ELIYAHU (“ELI”) WEINSTEIN, a/k/a “Mike Konig,” and ARYEH (“ARI”) BROMBERG</a> [DOJ]</li><li><a href="https://www.bloomberg.com/news/articles/2025-04-01/ponzi-schemer-who-got-trump-clemency-convicted-in-new-fraud-case">Ponzi Schemer Who Got Trump Clemency Convicted in New Fraud Case</a> [Bloomberg]</li><li><a href="https://www.justice.gov/usao-nj/pr/convicted-ponzi-schemer-and-co-conspirator-sentenced-37-years-and-12-years-44-million">Convicted Ponzi Schemer and Co-Conspirator Sentenced to 37 Years and 12 Years for $44 Million Fraud Scheme, Money Laundering, False Statements, and Obstruction of Justice</a> [DOJ]</li><li><a href="https://www.nytimes.com/2025/11/20/nyregion/trump-pardon-eliyahu-weinstein-sentence.html">A Fraudster Pardoned by Trump Gets 37 Years for Running Ponzi Scheme</a> [NYT]</li><li><a href="https://www.justice.gov/archives/stopfraud-archive/about-task-force">About the Task Force</a> [DOJ]</li><li><a href="https://www.justice.gov/archive/usao/nj/Press/files/pdffiles/2010/DNJ%20Operation%20Broken%20Trust%20PR.pdf">FINANCIAL FRAUD ENFORCEMENT TASK FORCE ANNOUNCES REGIONAL RESULTS OF “OPERATION BROKEN TRUST” TARGETING INVESTMENT FRAUD</a> [DOJ]</li><li><a href="https://www.govinfo.gov/content/pkg/FR-2009-11-19/pdf/E9-28022.pdf">Establishment of the Financial Fraud Enforcement Task Force</a> [Executive Order 13519 / Federal Register]</li><li><a href="https://centerforfinancialstability.org/wp/2018/07/19/president-trump-issues-executive-order-to-establish-task-force-on-market-integrity-and-consumer-fraud/">President Trump Issues Executive Order to Establish Task Force on Market Integrity and Consumer Fraud</a> [Center for Financial Stability]</li></ul>](https://us-central1-podcastguru-217d6.cloudfunctions.net/gcf_get_image?image_url=https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/f5/14/1f/f5141fec-2d42-3a4c-d8a8-6291397c20c9/mza_12171869652753747463.jpg/600x600bb.jpg&width=300&height=300&api_key=xqFmUFX5BHLBTA)
Oh My Fraud
Caleb Newquist
You’re Once, Twice, Three Times a Fraudster
JAN 14, 202648 MIN
You’re Once, Twice, Three Times a Fraudster
JAN 14, 202648 MIN
Description
A real estate developer serving time for fraud gets a second chance.SponsorsRoutable - http://ohmyfraud.promo/routableUNC - http://ohmyfraud.promo/unc (00:00) - Eli Weinstein is Pardoned
(01:41) - Podcast Announcements and Reviews
(08:01) - Lakewood Township and Weinstein's Background
(09:14) - Weinstein's Real Estate Fraud
(11:09) - Legal Troubles and Indictments
(16:13) - Weinstein's Sentencing and Clemency
(22:34) - The Complexity of Executive Clemency
(24:11) - Weinstein's New Fraud Scheme
(25:32) - The Optimus Investments Scam
(30:02) - Unraveling the Fraud
(35:30) - The Downfall and Legal Consequences
(40:39) - Reflections on Clemency and Fraud
(47:09) - Final Thoughts and Credits
Take our survey: https://forms.gle/mRrR7FPCZs8eWnog8Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CEDownload the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected] WITH CALEBLinkedIn: https://www.linkedin.com/in/calebnewquist/Sources:Statement from the Press Secretary Regarding Executive Grants of Clemency [WH]Lakewood Township, New Jersey [Wikipedia]Eli Weinstein’s Second Chances [Bloomberg]Leader of $200 Million Real Estate Investment Scam Arrested for Fraud [FBI]Leader of $200 million real estate investment scam charged in 45-count indictment with fraud and money laundering [DOJ]US v. ELIYAHU WEINSTEIN [DOJ]Leader Of Multi-Million Dollar Real Estate Fraud Scheme Pleads Guilty To Fraud And Money Laundering [DOJ]Leader of Massive Real Estate Fraud Scheme Sentenced to 22 Years in Prison for Fraud and Money Laundering [DOJ]Convicted Ponzi Schemer Eliyahu Weinstein Arraigned on New Charges [FBI]Convicted Ponzi Schemer Eliyahu Weinstein Sentenced To Additional 24 Months In Prison On New Fraud And Money Laundering Charges [DOJ]The Road to Clemency From Trump Was Closed to Most Who Sought It [NYT]Access, Influence and Pardons: How a Set of Allies Shaped Trump’s Choices [NYT]A Ponzi Schemer Freed by Trump Strikes Again [Bloomberg Originals]Convicted Ponzi Schemer and Alleged Conspirator Indicted for Multimillion-Dollar Fraud Scheme and Obstruction of Justice [DOJ]US v. ELIYAHU (“ELI”) WEINSTEIN, a/k/a “Mike Konig,” and ARYEH (“ARI”) BROMBERG [DOJ]Ponzi Schemer Who Got Trump Clemency Convicted in New Fraud Case [Bloomberg]Convicted Ponzi Schemer and Co-Conspirator Sentenced to 37 Years and 12 Years for $44 Million Fraud Scheme, Money Laundering, False Statements, and Obstruction of Justice [DOJ]A Fraudster Pardoned by Trump Gets 37 Years for Running Ponzi Scheme [NYT]About the Task Force [DOJ]FINANCIAL FRAUD ENFORCEMENT TASK FORCE ANNOUNCES REGIONAL RESULTS OF “OPERATION BROKEN TRUST” TARGETING INVESTMENT FRAUD [DOJ]Establishment of the Financial Fraud Enforcement Task Force [Executive Order 13519 / Federal Register]President Trump Issues Executive Order to Establish Task Force on Market Integrity and Consumer Fraud [Center for Financial Stability]