00:00It's Benzinga, bringing Wall Street to Main Street.
00:02A New Jersey man who received clemency from Trump in 2021 is returning to prison after
00:06engaging in another large-scale fraud, according to the New York Post.
00:10Olyahu Weinstein had been serving a 24-year sentence for fraud when he was pardoned.
00:15Resecutors said he launched a new scheme soon after his release,
00:18swindling 150 people out of $35 million through a scam involving medical and security supplies
00:24for Ukraine. Weinstein was sentenced to 37 years in order to pay about $44 million
00:29in restitution. Prosecutors described the operation as brazen and sophisticated,
00:34or a striking resemblance to a Ponzi scheme as well.
00:36For all things money, visit Benzinga.com.
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