A New Jersey man, Eliyahu Weinstein, also known as Mike Konig, has been sentenced to thirty-seven years in prison and ordered to pay over forty-four million dollars in restitution for defrauding investors out of thirty-five million dollars. Weinstein, who was previously convicted twice in New Jersey federal courts for defrauding investors, was released early after former President Trump commuted his sentence in 2021. However, he was arrested again shortly after his release for orchestrating the very scheme for which he was sentenced last week.
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