Man charged with laundering money from Diamond District home repair scam is arrested

Man charged with laundering money from Diamond District home repair scam is arrested
Man charged with laundering money from Diamond District home repair scam is arrested

band Matthew Russell Lee, Patreon Book Substack


SDNY COURTHOUSENovember 5 – A man charged with foisting unnecessary construction contracts on elderly homeowners and then laundering the proceeds through the Diamond District was arraigned November 5 in the U.S. District Court for the Southern District of New York. Inner City Press was there, the only outlet in the SDNY Mag Court.

The defendant was wearing the bright yellow Essex County (NJ) Jail jumpsuit. His two co-defendants were both released on $1 million unsecured bail.

But after a federal public defender said that day that he might retain legal representation, he agreed to be detained without prejudice without a meeting before the district judge until March 18, 2026.

Do you expect a bail application (for a long time) by then?

The overall case is United States v. Cohen et al., 1:25-cr-444 (Daniels/Ricardo)

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