Federal brokers raided the Midwood residence of Bert I. Dweck’s in-laws, the place the dealmaker and his spouse, Alyson, live, in keeping with a number of sources.
Brokers searched the house of Alyson’s dad and mom close to Avenue J within the early morning of Oct. 6, sources advised The Actual Deal. Dweck was not arrested or taken into custody, and no felony costs have been publicly filed in opposition to Dweck.
The raid follows a string of civil fraud lawsuits filed in opposition to Dweck in New York and New Jersey. Dweck has confronted 11 lawsuits, a few of which alleged he used phony contracts to solicit funds for actual property acquisitions. The funds had been alleged to be held in escrow accounts, however the lawsuits allege Dweck diverted the cash, with some going towards his household’s six-bedroom residence in Deal, New Jersey.
Some lawsuits additionally title his dad and mom, Isaac and Marlene Dweck, and his brother, Adam Dweck.
In a single lawsuit in New Jersey, Steven Tabeek and Joseph Ashkouti allege they loaned $2.1 million to Bert I. Dweck and his father, Isaac Dweck, between 2024 and 2025 to purchase properties at 4188 Broadway in Manhattan, 1526 Grand Concourse within the Bronx and 6401 Fort Hamilton Parkway in Brooklyn. Tabeek and Ashkouti allege Dweck funneled the mortgage proceeds right into a associated firm, Affinity Improvement Capital. From there, the funds went to pay bank card payments, automobile funds and bills tied to the household’s Deal residence, in keeping with the lawsuit.
After a barrage of lawsuits, Dweck and his lawyer labored on settling the fits, and plenty of had been within the technique of being discontinued, in keeping with court docket filings.
The authorized saga has been the speak of the insular Syrian-Jewish group in Gravesend, Brooklyn, and Deal, New Jersey, of which Dweck and plenty of of his lenders and traders are members.
The Dweck litigation is the second main scandal in New York’s actual property business involving allegations of lacking escrow funds. The primary includes former New York Metropolis-based lawyer Mark Nussbaum, who admitted to diverting $336 million from his agency’s escrow accounts. Now, collectors are in search of to gather over $400 million from Nussbaum’s former regulation companies.
Dweck relied on Gravesend-based lawyer Jacques Erdos to facilitate the alleged scheme by releasing escrow funds on to Dweck, in keeping with a lawsuit filed in New York state court docket. Erdos’ lawyer has beforehand denied allegations of wrongdoing.
The FBI didn’t reply to requests for remark. When reached by telephone, Dweck advised The Actual Deal to speak to his lawyer and declined to remark. Dweck’s lawyer, Jason Swergold, declined to remark.
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Brooklyn dealmaker Bert I. Dweck faces barrage of lawsuits over missing money, bad checks
A Brooklyn dealmaker’s legal avalanche
