Jeffrey Yohai gets 9 years for real estate schemes

Paul Manafort’s former son-in-law stole $6M from investors

Los Angeles /
Nov.November 11, 2019 12:48 PM
Jeffrey Yohai and 779 Stradella Road
Jeffrey Yohai and 779 Stradella Road

Jeffrey Yohai, former son-in-law of Paul Manafort, was sentenced Friday to more than nine years in prison for running two fraud schemes centered around developing high-end Los Angeles real estate.

Yohai stole more than $6 million from investors with the understanding that money would be used to build spec homes in some of L.A.’s priciest neighborhoods, only to use it for personal expenses. U.S. District Judge Andre Birotte Jr. was sharply critical of Yohai’s actions at his sentencing, saying he “has an evil mind,” according to WeHoville.

The 37-year-old West Hollywood resident pleaded guilty to conspiracy to commit bank fraud in early 2018 and was arrested on a similar charge while he awaited sentencing. The scheme began to unravel in 2016 after a New York-based photographer sued him for allegedly scamming him out of $3 million.

Later that year he defaulted on loans for four L.A. properties, including a home on Stradella Road in Bel Air and a spec project in the Bird Streets.

Manafort, whose daughter Jessica divorced Yohai in 2017, lent $2.7 million to acquire the property on Stradella Road. A judge slapped Yohai with an injunction for renting out that property as a party house around the time he pled guilty in early 2018. The plea deal included an agreement to cooperate with Special Counsel Robert Mueller’s probe of Russian interference in the 2016 election.

Prosecutors said Yohai also sold bogus passes to the Coachella Music & Arts Festival, pawned expensive music gear that he didn’t own, and scammed recovering addicts through a “sober living” home he set up in L.A., according to Politico.

Yohai’s attorneys sought a five-year prison term. He was also ordered to pay $6.7 million in restitution and serve three years of supervised release after his prison term. [WeHoville]Dennis Lynch 


Related Articles

arrow_forward_ios
Mohamed Hadid and 901 Strada Vecchia Road (Getty, Google Maps)

Demolish this: Hadid’s embattled spec mansion lists as teardown

Demolish this: Hadid’s embattled spec mansion lists as teardown
Trevor Noah and the Bel Air house (Getty, Redfin)

Trevor Noah pays $28M for Bel Air mansion after selling another

Trevor Noah pays $28M for Bel Air mansion after selling another
Kathy Griffin and her Bel Air home (Getty, Douglas Elliman)

Kathy Griffin sells Bel Air mansion for $14M

Kathy Griffin sells Bel Air mansion for $14M
Clockwise from top left: 1801 Angelo Drive, 911 North Foothill Road, 1025 Loma Vista Drive and 1175 North Hillcrest Road (Google Maps)

Bezos, Geffen, Katzenberg dominate LA’s biggest resi sales of 2020

Bezos, Geffen, Katzenberg dominate LA’s biggest resi sales of 2020
Raj Kanodia and 908 Bel Air Rd (Williams & WIlliams Estates Group, Getty)

After 45% price cut, Bel Air spec mansion lists for $99M

After 45% price cut, Bel Air spec mansion lists for $99M
Nile Niami and "The One" mansion (Getty)

Niami’s “The One” to hit market

Niami’s “The One” to hit market
Ty Cueva and the home (Credit: Douglas Elliman PR)

Ty Cueva is no longer asking nine figures for his Bel Air spec mansion. Just $78M

Ty Cueva is no longer asking nine figures for his Bel Air spec mansion. Just $78M
Kathy Griffin and the home (Credit: Douglas Elliman and Tibrina Hobson/Getty Images)

No laughing matter: Kathy Griffin wants $16M for Bel Air manse

No laughing matter: Kathy Griffin wants $16M for Bel Air manse
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...