Security · Full coverage
New Jersey Man Admits $47 Million Fraud Targeting Local Haredi Community
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
100% right-leaning
Right 3
By כיכר השבת, חזקי שטרן ודניאל הרץ
First reported by Behadrei Haredim · Aug 14, 2026
What happened
- 01Lior Moshe admitted to a $47 million Ponzi scheme targeting New Jersey's Haredi community.
- 02The fraud involved false promises of 9% to 53% returns on short-term business loans.
- 03About $11 million was used for Moshe's personal expenses, including gambling debts.
- 04Sentencing is scheduled for December 2026 in federal court in Trenton, New Jersey.
- 05The SEC filed a civil suit to recover funds for investors alongside the criminal case.
- 06The case resembles a recent Haredi community fraud involving Ethiopian gold mining investments.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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