Paul Manafort’s Former Son-In-Law Jeffrey Yohai Busted In RE Scam While Waiting Sentencing In Another RE Scam
Jeffrey Yohai has been busted again. This time for another real estate scam. Yohai is awaiting sentencing on another real estate scam. He concocted a variety of real estate scams that totaled more than $21 million.
Yohai is the former son-in-law of former Trump campaign manager and convicted felon Paul Manafort.
The USOA arrested Jeffrey Yohai last week in Los Angeles.
Yohai tried to dupe lenders into providing loans based on false and inflated property appraisals. He also arranged short-term rentals of a luxury home and pocketed the profits without paying the property’s owner.
An FBI agent states Yohai falsely told victims of his scheme that he has “turned state’s evidence” on Manafort. The FBI agent filed an affidavit in support of Yohai’s arrest. The agent also works with Special Counsel Robert Mueller’s investigation.
Manafort forfeited $21.7 million worth of real estate located in New York in September. As a result, Manafort was able to hold onto the contents of one of his four seized bank accounts and his home the DC suburbs.
Real estate and mortgage fraud have also played a prominent role in Manafort’s trial.
Mueller’s investigation has also presented evidence that includes more than 200 pages of invoices showing Manafort spent $7 million renovating properties. Manafort also allegedly used funds not disclosed to the IRS. As a result, a jury found Manafort guilty of providing fraudulent information to a bank to secure a loan on California properties he invested in with Yohai.
Also, check out:
Mortgage Bankers Get Immunity To Rat Out Paul Manafort
Robert Mueller Accuses Paul Manafort Of Committing Mortgage Fraud
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