Thursday, March 3, 2011

Monsey Mother And Son Accused In $10 Million Ponzi Scheme



CBS

An 80-year-old Monsey woman and her son have been charged with grand larceny after prosecutors said they scammed 75 people of $10 million in a Ponzi scheme.

Rockland County District Attorney Thomas Zugibe says Jeanette and Elliot Berney convinced their victims — mostly neighbors and relatives — to invest in their company, NHI Metals Ltd.

Zugibe said the duo told customers their money would be invested in European “bank notes” or “metal securities.” [...]

3 comments:

  1. Other blog mention that the couple help Tropper the shtuper to launder money.

    Other blogs however say that Tropper was scammed by them which makes the couple hagonev min haganav patur

    ReplyDelete
  2. The FM has a court document links the Berneys to Tropper. He actually merged over $1, 000,000 from Kol Yaakov funds with the Barneys' assets.

    http://failedmessiah.typepad.com/files/motion-in-answer-to-berney---kol-yaakov.pdf

    The corruption surrounded this menuval is unbelievable and to think that he was ben bayit with all the haredi rabbis.

    Even in his last trip to Israel he was received by r' Kanievsky (who previously received at least $3500 from him (also on that link.

    ReplyDelete
  3. The Avlah here is the Berney's who took many peoples money in a ponzi scheme. It seems like they robbed from family, friends , neighbors. Is'nt it ironic how the names coincide. Berney Madoff/and ELI with Another scammer ELI Weinstein? Perhaps they will all share the same cell to receive KOSHER meals...

    ReplyDelete

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