Fraud

Bernard Madoff's son Mark found dead in suicide

By Jennifer Lipman, December 13, 2010

The eldest son of disgraced fraudster Bernard Madoff has been found dead after committing suicide at his New York home.

Mark Madoff, who was 46, was found hanged on Saturday. The New York City medical examiner has ruled his death a suicide.

After his father was arrested in 2008, Mr Madoff claimed not to have known anything about the multi-million dollar Ponzi scheme.

However criminal investigators have continued to explore the possibility that he and other family members, including younger brother Andrew, were involved.

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Fraudster Bernard Madoff's diamonds, rolex auctioned

By Jennifer Lipman, November 15, 2010

The worldly possessions of disgraced fraudster Bernard Madoff have been auctioned in New York for hundreds of thousand of pounds.

One bidder paid £342,000 for the engagement ring Madoff bought for his wife Ruth, while another buyer bought his vintage Rolex for £42,000.

More than 400 items were up for auction, including his monogrammed boxer shorts, slippers and socks, as well as Ruth Madoff’s diamond earrings and a broken leather foot stall which went for £2,000.

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Egyptian Jewish leader not guilty of fraud

By Jennifer Lipman, November 2, 2010

The head of Egypt’s Jewish community has escaped prison after winning an appeal against a fraud conviction.

Carmen Weinstein was found not guilty of defrauding a businessman out of more than £320,000 by an appeals court in Cairo.

In July Ms Weinstein, 82, was sentenced to three years in prison for selling a property which she did not own. She was alleged to have taken money from an investor for the purchase but not given him the deeds to the building.

She denied the charges and said that the documents supplied as evidence were false.

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FBI arrest Orthodox 'fraudster'

By Paul Berger, August 19, 2010

An American property developer who allegedly defrauded British Jews out of millions of pounds has been arrested by the FBI.

Eliyahu Weinstein, 35, lost a civil case earlier this month against London property tycoon Berish Berger, who had been swindled out of £23 million.

At least two members of Stamford Hill's Jewish community continue to pursue multi-million pound lawsuits against Weinstein in the US, following property deals that went sour.

Last week, FBI agents arrested Weinstein, who lives in the Orthodox enclave of Lakewood, New Jersey.

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Israeli lawyer loses bid to block SOCA probe

August 5, 2010

The Serious Organised Crime Agency (Soca) has received a major boost after a disgraced Israeli lawyer failed in a unique legal bid to block investigation of his multi-million pound assets in the UK.

Judges granted Soca power last week to ask Israel Igo Perry about £14m in two London bank accounts.

In October 2007, after a marathon six-year trial in Israel, Perry was given a 12-year jail term for aggravated fraud, embezzlement, obstruction of justice and violation of insurance laws. He was also fined £2.6m, although his jail sentence was later reduced to 10 years.

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Tycoon gets back £21m in fraud battle

By Paul Berger, August 5, 2010

A British property tycoon has won a US court battle against an Orthodox developer who swindled him out of £23 million.

Berish Berger gave Eliyahu Weinstein, of New Jersey, $36.5 million, believing the money would be invested in two lucrative real estate deals in Philadelphia.

But a court heard the deals were part of a scam targeting wealthy members of the Orthodox community. The Sunday Times Rich List recently estimated Mr Berger's net worth at £35 million.

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Tycoon gets back £21m in fraud battle

By Paul Berger, August 5, 2010

A British property tycoon has won a US court battle against an Orthodox developer who swindled him out of £23 million.

Berish Berger gave Eliyahu Weinstein, of New Jersey, $36.5 million, believing the money would be invested in two lucrative real estate deals in Philadelphia.

But a court heard the deals were part of a scam targeting wealthy members of the Orthodox community. The Sunday Times Rich List recently estimated Mr Berger's net worth at £35 million.

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Man sentenced for £6,000 fraud

By Robyn Rosen, July 30, 2010

A Jewish employee at a building material export company in Manchester has been sentenced to six months in prison for fraud.

Dov Hanson's sentence was suspended for 12 months and he was also prohibited from buying or trading in any building materials in the UK for six months after pleading guilty in Manchester Crown Court on Monday.

Hanson, 27, of Prestwich, pleaded guilty to abusing his position as an employee at Sundream Enterprises.

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Top lawyer questioned by police

By Marcus Dysch, July 22, 2010

A top Jewish lawyer has been interviewed by police investigating the alleged theft of £158,000 of his former chambers' funds.

David Friesner, who has represented Premier League footballers and was one of Manchester's most highly regarded barristers, was questioned under caution over the missing money. He has not been arrested or charged.

Mr Friesner, of Salford, denies any wrongdoing. His solicitor, Ian Lewis, said he would continue to aid police.

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Psychologist used false names to avoid £1m property debt

June 10, 2010

A Jewish psychologist who used over 40 false names to avoid paying debts of over £1m has been jailed.

Yehuda Crammer, 65, of Prestwich, Manchester, was sentenced to 30 months' imprisonment on Tuesday. He pleaded guilty to two counts of concealing property after he was made bankrupt in 2004.

Manchester Crown Court heard how the psychologist, who ran a Harley Street clinic as well as one in central Manchester, had racked
up £800,000 of debt from owning a care home which fell into financial difficulty.

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