Donald Trump.
Donald Trump.
  • Prosecutors say that a convicted Ponzi schemer that Trump got out of prison defrauded people again.
  • Prosecutors allege that Eliyahu "Eli" Weinstein even admitted to his crime on tape.
  • Trump's commutation of Weinstein's sentence was one of his final acts as president.

Former President Donald Trump commuted Eliyahu "Eli" Weinstein's sentence as one of his final acts in office, a decision that enraged the prosecutor who helped put Weinstein in prison over a $230 million Ponzi scheme.

Federal prosecutors said on Wednesday that shortly after Trump helped him get released, Weinstein concocted another scheme. And now, once again, Weinstein is facing charges related to allegedly defrauding investors.