Big-time NJ scammer who was pardoned by Trump goes back to prison again Erin Vogt Published: November 20, 2025 Eli Weinstein heads back to federal prison for a fresh fraud conviction (Screenshot courtesy: The Lakewood Scoop, Google Maps)

💰 Twice-convicted NJ fraudster “Eli” Weinstein is sentenced to 37 years for a new $44M Ponzi-style scam.

🕵️‍♂️ Prosecutors say Weinstein, using an alias, secretly ran new investment schemes.

⚖️ Weinstein had his last sentence commuted by President Trump in 2021.

A New Jersey man already convicted twice of scamming investors out of more than $230 million was now headed back to federal prison for another Ponzi-like fraud scheme.

Eliyahu “Eli” Weinstein, of Lakewood , had his last term commuted by President Donald Trump in January 2021 to time

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