![Former President Donald Trump granted the early release of Eliyahu Weinstein [Photo: The Yeshiva World]](https://omdnews.com/wp-content/uploads/2023/07/The-Yeshiva-World.jpg)
A 48-year-old Eliyahu Weinstein A.K.A “Mike Konig” was twice convicted of defrauding investors and was commuted by Former President Donald Trump and was arrested again in New Jersey for committing financial crimes again.
![Eliyahu Weinstein A.K.A Mike Konig was arrested for committing financial crimes again [Photo: The Guardian]](https://omdnewsnew.s3-accelerate.amazonaws.com/2023/07/The-Guardian.jpg)
Eliyahu Weinstein A.K.A Mike Konig was arrested for committing financial crimes again [Photo: The Guardian]
A.K.A Mike Konig Committing Financial Crimes Again
A man named Eliyahu Weinstein and four other men were arrested in New Jersey and were accused of defrauding dozens of investors out of $35 million. In addition, five of them will be charged with wire fraud conspiracy and conspiracy to obstruct justice. Five of them could face up to 25 years in prison. The US Attorney, Philip Sellinger said, Eliyahu Weinstein used his fake name and falsely promise access to deals involving scarce medical supplies, baby formula, and first-aid kits supposedly destined for wartime Ukraine, according to a statement from AP News.
Eliyahu Weinstein was convicted two times and sentenced to more than two decades in prison but Trump commuted his sentence in the final days of his presidency. His first case was involving a real estate Ponzi scheme and the second was additional fraud he committed while on pretrial release.
According to Charisma Madarang, after being released from prison Eliyahu Weinstein was actively involved operating in a company called Optimus Investments Inc. and they began to solicit money from investors. He allegedly ran the company and use his real name with Bromberg and Wittels. He used his real name because if the investors will learn about his involvement they won’t give money. The company offered investors the opportunity to earn significant returns on the company’s purported investments in COVID-19 medical supplies, scarce baby formula, and first-aid kits supposedly bound for wartime Ukraine. Now, the defendant was ordered to remain in federal custody, according to the federal docket.
