the biggest corruption bust in New Jersey’s notoriously corrupt history Among the forty-four people arrested in July 2009 were three mayors, five Orthodox rabbis, two state legislators, and the flamboyant deputy mayor of Jersey City, Leona Beldini, once a stripper using the stage name “Hope Diamond.” At the center of it all was a dubious character named Solomon Dwek, who perpetrated a $50 million Ponzi scheme before copping a plea and wearing a wire as a secret FBI undercover informant, setting up friends, partners, rabbis, and dozens of politicians. Mr. Dwek played his role like an extra in a mob movie. On surveillance tape, he repeatedly referred to his fraudulent “schnookie deals,” which is Yiddish for, well, schnook. Full of impossible-to-make-up detail and fresh revelations from the continuing trials and investigations, this book—the inside, untold account of a federal sting operation that moves from the streets of Brooklyn to the diners of Jersey City, and all the way to Israel—is a wonderful tour de force of investigative journalism by the reporting team that broke this amazing story.

Hide more