businessman

Orthodox Seen Lured Into 'Affinity Fraud' Totaling $200 Million

Lakewood, N.J., real estate investor accused of far-reaching scheme; may have laundered money through charities; grand jury empaneled.

12/30/2009
Special to the Jewish Week

(Posted Tuesday, Dec. 29, 5:45 p.m.) In an alleged financial fraud that has ensnared Orthodox Jewish investors from New York to Florida to London, a Lakewood, N.J., businessman is accused of bilking them out of more than $200 million through phony real estate deals, according to complaints made in multiple lawsuits across the country.

Eliyahu Weinstein: Fourteen lawsuits from around the country have been filed against him.

Orthodox Seen Lured Into 'Affinity Fraud' Totaling $200 Million

Lakewood, N.J., real estate developer accused of far-reaching scheme; may have laundered money through charities; grand jury empaneled.

12/30/2009
Special to the Jewish Week

(Posted Tuesday, Dec. 29, 5:45 p.m.) In an alleged financial fraud that has ensnared Orthodox Jewish investors from New York to Florida to London, a Lakewood, N.J., businessman is accused of bilking them out of more than $200 million through phony real estate deals, according to complaints made in multiple lawsuits across the country.

Eliyahu Weinstein: Fourteen lawsuits from around the country have been filed against him.

The Overlooked Day Of Freedom

04/23/2008
Staff Writer
Call it the overlooked Day of Freedom. In a week marked by Passover festivities, American Jews may have easily disregarded “Tax Freedom Day,” which fell out yesterday, April 23. No it’s not a newfangled holiday you’ve never heard of. And it won’t grant you a day off. Rather, it’s the day when taxpayers finish working for the government and begin working for themselves — at least theoretically.  

Clothes As Urban Unity

09/05/2003
Staff Writer
Preppy Izod clothing (those cotton polo shirts and windbreakers with the open-mouthed alligator logo) can now be found far from the tony Lacoste boutiques that cater to country-club crowds. The label is available downtown at Michael K., the new electronically enhanced, 22,000-square-foot urban-outerwear emporium on Broadway near Spring Street, that opened last weekend.

N.Y. Philanthropist Jack Nash, 79

08/08/2008
Staff Writer
Philanthropist Michael Steinhardt was walking on a street in Berlin in the 1990s with Jack Nash, an old friend — and refugee from Nazi Germany — who was returning to his homeland for the first time in five decades. Mr. Nash related a story of the time when, as a child, he went for a walk on those Berlin streets with his family’s nanny. They inadvertently came across a Nazi parade, he told Steinhardt. “All around, people were standing, giving that one-arm salute,” he described that memory.

Lauder’s Rebuttal Moved Skeptics

02/12/1999
Staff Writer
International businessman Ronald Lauder told American Jewish leaders unequivocally last week that he had never given material support — directly or indirectly — to the political campaigns of Israel’s Benjamin Netanyahu. The assurance, coming in the wake of a Jewish Week story that renewed questions about such ties, abruptly aborted a brewing movement to postpone voting Lauder in to lead organized Jewry’s most prominent umbrella group.

Can Barak Heal Israel?

Just one day after his landslide victory, aides to Israel’s newly elected prime minister put one of American Jewry’s key pro-Israel groups on notice.

The American Israel Public Affairs Committee, organized Jewry’s pro-I

05/21/1999
Staff Writer
Just one day after his landslide victory, aides to Israel’s newly elected prime minister put one of American Jewry’s key pro-Israel groups on notice. The American Israel Public Affairs Committee, organized Jewry’s pro-Israel Washington lobby, “has been less than wise in several of their endeavors over the last few years,” Alon Pinkus, Prime Minister-elect Ehud Barak’s spokesman, said Tuesday.

Likud’s Tangled Charity Web

02/19/1999
Staff Writer
Nearly a half-million dollars raised in America for Israeli children by Likud fund-raisers cannot be properly accounted for, a joint investigation by The Jewish Week and the Israeli daily paper Haaretz has found. The joint probe, which included scrutiny of Israeli leader Benjamin Netanyahu’s campaign financing, has found that some of the money in question — about $47,000 — was instead channeled directly to the Likud Party and other Israeli political causes.
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