Convicted Ponzi Schemer Freed by Trump Charged Again for New Fraud Scheme

Eliyahu Weinstein, whose prison sentence was commuted by Trump, is facing new charges of defrauding 150 investors out of $35 million.
Weinstein allegedly used a fake name and promised access to lucrative deals involving COVID masks, baby formula, and first-aid kits for Ukraine.
This is Weinstein's third time facing fraud charges, after previously bilking investors out of $230 million in a separate Ponzi scheme.
Weinstein and four other alleged co-conspirators are accused of wire fraud conspiracy and conspiracy to obstruct justice.
In addition to criminal charges, the SEC has filed a civil complaint against Weinstein and five others involved in the scheme.