Ponzi schemer who got Trump clemency faces 50 years in new fraud

[douglas9]

A convicted Ponzi schemer whose 24-year prison term was commuted by president Donald Trump in 2021 now faces as much as 50 years behind bars for an investor fraud that took place after his clemency.

Article content
Eliyahu “Eli” Weinstein, 51, faces sentencing Friday in federal court in Trenton, N.J., after being convicted of defrauding more than 150 investors out of US$41 million. Investors believed their money was going to COVID-19 masks, baby formula and first-aid kits bound for Ukraine, but it actually went to gambling, real estate and luxury watches.

https://financialpost.com/news/ponzi-schemer-trump-pardon-new-fraud

[Hugin]

1. Trump wasn't POTUS in 2021.

That must’ve been the date of conviction.

[patphil]

3. It was one of the commutations Trump issued prior to Biden being sworn in on 1/20/21.

He actually did 73 pardons and commutations in January 2021.

[Hugin]

4. Oh, yes.

The indulgence scam on his way reluctantly out the door. But, in reality Trump’s presidency has continued to this very day.

[MarineCombatEngineer]

2. Some people just never learn,

you'd think that after a commutation, he would learn his lesson, but, I guess not.

[muriel_volestrangler]

5. "COVID-19 masks, baby formula and first-aid kits bound for Ukraine" - the Rapist thinks "why didn't I do that?"

Like Trump admires skilled totalitarians like Putin and Kim, he'll give professional respect to a shameless grifter. I predict he'll give another pardon, it the requisite bribe happens.