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Lakewood NJ developer Eliyahu Weinstein arrested in alleged Ponzi scheme

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Shackled in handcuffs and leg irons, Eliyahu Weinstein, the Lakewood real estate developer charged Thursday by federal agents with having “masterminded” a $200 million scheme to defraud his investors, listened in federal court as an assistant U.S. attorney detailed charges that could net him more than 50 years in prison. At the conclusion of his first appearance, U.S. District Magistrate... 
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