EPISODE · Apr 2, 2026 · 8 MIN
This Scam Artist is in BIG Trouble // The Eli Weinstein Fraud Scandal
from Ray William Johnson: True Story Podcast · host Ray William Johnson
Eliyahu "Eli" Weinstein is a New Jersey-based repeat fraudster who masterminded multiple high-stakes Ponzi schemes totaling over $250 million in losses, specifically targeting investors within the Orthodox Jewish community. Originally sentenced to 24 years in federal prison for a $200 million real estate scheme, his sentence was commuted to time served by the president in January 2021 after serving only eight years. Almost immediately following his release, Weinstein began a new $41 million scheme.
What this episode covers
Eliyahu "Eli" Weinstein is a New Jersey-based repeat fraudster who masterminded multiple high-stakes Ponzi schemes totaling over $250 million in losses, specifically targeting investors within the Orthodox Jewish community. Originally sentenced to 24 years in federal prison for a $200 million real estate scheme, his sentence was commuted to time served by the president in January 2021 after serving only eight years. Almost immediately following his release, Weinstein began a new $41 million scheme.
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This Scam Artist is in BIG Trouble // The Eli Weinstein Fraud Scandal
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