The Real Deal New York

Following Rabbi Pinto’s arrest, attention turns to the New York real estate activities of the religious leader

November 08, 2012 10:30AM
By David Jones

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Rabbi Yoshiyahu Yosef Pinto

From the November issue: Federal investigators have been speaking to investors involved in real estate projects connected to Rabbi Yoshiyahu Yosef Pinto, who was arrested in Israel for alleged bribery last month. The arrest came amid claims that millions of dollars in real estate investments he’s connected to cannot be accounted for, and that investors may have been threatened by officials close to the spiritual leader.

Pinto — the head of the New York-based nonprofit organization Mosdot Shuva Israel and an advisor to a number of high-profile New York real estate figures — was placed under house arrest after allegedly trying to bribe an Israeli police officer in order to get information about an alleged money laundering and bribery probe. [more]

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  • Cheated Donor

    Be very careful with the organization Mosdot Shuva Israel. The people with the organization will say anything or do anything to get you to give a “donation” to them. They come with “gifts” from the Rabbi that he personally want you to pay thousands of dollars for and claim it will bring guaranteed blessings. If you are not successful, they deny the statements they made and move on to the next victim. They always tell you about the successes but never the about the angry and disappointed former donors.