Leader of $200 Million Real Estate Investment Scam Arrested for Fraud

NEWARK, NJ – August 12, 2010 – (RealEstateRama) — Eliyahu Weinstein, aka “Eli Weinstein,” was arrested at his home this morning by federal agents on charges that he ran an investment fraud scheme causing losses of at least $200 million, U.S. Attorney Paul J. Fishman announced.


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