Close Menu
    Trending
    • Bert Dweck Faces Mounting Lawsuits
    • City, State Politics Dominate Real Estate Today
    • Flatiron Building Scores Manhattan’s Top Contract at $18M
    • Maverick Blocked From Auctioning Former Flushing Theater
    • CRE Lending Activity Reaches Highest Level in Five Years
    • Longbridge’s Tim Wilkinson on reverse mortgage liquidity and HMBS 2.0 stall
    • Top builder technology trends reshaping home safety
    • What You Missed at the NYC Real Estate Forum
    WorldEstateUSA
    • Home
    • Real Estate
    • Real Estate News
    • Real Estate Analysis
    • House Flipping
    • Property Investment
    WorldEstateUSA
    Home»Real Estate News»Bert Dweck Faces Mounting Lawsuits

    Bert Dweck Faces Mounting Lawsuits

    Team_WorldEstateUSABy Team_WorldEstateUSAMay 11, 2026No Comments5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bert Dweck of Dweck Group is battling mounting lawsuits over allegations of unpaid loans, bounced checks and refusal to return escrow cash. 

    The Brooklyn-based dealmaker is going through seven lawsuits in New York state courtroom. In complete, buyers and lenders are in search of a minimum of $14.4 million. 

    Taken collectively, the instances paint an image of a dealer whose alleged money crunch spiraled throughout a number of actual property offers and private lending relationships. A number of lawsuits accuse Dweck of failing to return cash that was supposed to stay in escrow accounts, whereas others allege he solicited funds for offers that both stalled, collapsed or by no means materialized.

    The authorized drama is reverberating by means of Brooklyn’s tight-knit Syrian Jewish, which Dweck and his household are part of. His father and mom, Isaac Dweck and Marlene Dweck, have additionally been named in some lawsuits.

    The lawsuits started piling up in December, when 5 corporations filed a lawsuit in New York state courtroom alleging he stole $2.8 million tied to a few actual property offers: 1526 Grand Concourse within the Bronx, and 4188 and 4910 Broadway in Manhattan. 

    In keeping with the criticism, every deal adopted an identical sample: Dweck approached buyers with a possibility to accumulate a property, the buyers wired funds, and Dweck would allegedly disappear with the cash. The buyers allege Dweck even offered phony paperwork as a part of the deal.

    Checks hooked up in courtroom submitting in MORDECHAI SAMET et al v. BERT I DWECK et al

    The buyers, led by a gaggle known as Patriarch President Capital, say Dweck’s lawyer, Jacques Erdos, assisted within the alleged fraud by releasing escrow funds on to Dweck. 

    Dweck denied the allegations in a response submitting. His legal professional declined to remark.

    In an announcement, Erdos’s lawyer stated “Erdos was Dweck’s legal professional and disputes the allegations asserted in opposition to himself, denies wrongdoing, and believes the claims in opposition to himself lack benefit.”

    The allegations within the Patriarch case weren’t remoted. Inside weeks, one other lawsuit surfaced accusing Dweck of soliciting giant sums of cash for property offers that allegedly by no means closed.  

    Two weeks after the Patriarch lawsuit was filed, Bronx grocery store homeowners Luis Manuel Diaz and Senelda Diaz sued Dweck and alleged affiliate Mark Benum for fraud.

    The Diazes, who personal a C-town grocery store in Parkchester, alleged Dweck and Benum had claimed they represented the proprietor of a neighboring constructing they wished to buy. The Diazes despatched over $1.44 million to Dweck and Benum. However when the closing on the property occurred in Could 2023, Dweck and Benum allegedly by no means confirmed up. The precise property proprietor had no data of funds from the Diazes, in keeping with the lawsuit.

    The Diazes allege Dweck and Benum concocted an identical scheme on one other property. Dweck and Benum satisfied Diazes to enter right into a partnership and created an LLC to purchase a former Apple Financial institution at 74 Hugh J. Grant Circle within the Bronx. The Diazes despatched over $1.37 million in funds. The Diazes later found the LLC by no means purchased the financial institution and was dissolved in October 2023. 

    The lawsuit alleges Dweck and Benum haven’t returned the cash. Dweck denied the allegations in a authorized submitting.

    Unhealthy checks

    As buyers accused Dweck of mishandling deal cash, lenders have been concurrently alleging he had stopped repaying tens of millions of {dollars} in private loans.

    Gary Porat of Brooklyn filed a lawsuit in January alleging Dweck owed him practically $6 million tied to a sequence of loans relationship again to early 2023. 

    In keeping with the criticism, Porat continued extending credit score to Dweck even after earlier loans fell into misery. Dweck allegedly signed confessions of judgment agreeing to repay the quantities owed, and at one level, proposed including Isaac and Marlene as guarantors on future loans to reassure Porat. 

    By late 2025, Dweck had already defaulted on parts of the debt, in keeping with the lawsuit. In December 2025, he allegedly defaulted once more, leaving roughly $5.88 million excellent.

    Porat additional alleged Dweck tried to cowl some funds with dangerous checks. Between Could 24, 2024 and November 19, 2025, 130 checks and ACH transfers totaling roughly $5.5 million have been returned or bounced, in keeping with the criticism.

    Dweck allegedly tried to pay one other invoice with dangerous checks. Mordechai Samet of Monroe, New York, filed a lawsuit alleging Dweck, his associates and household issued checks to Samet with inadequate funds, frozen accounts, and even non-existent accounts, to pay excellent obligations. The worth of the checks complete $1.9 million, in keeping with Samet.

    Dweck confronted yet one more lawsuit in February. Bay Group Improvement alleged it entered right into a three way partnership with Dweck Group to accumulate a property at 6401 Fort Hamilton Parkway, Brooklyn. As a part of that transaction, Bay Group offered a $500,000 deposit, however Dweck Group has allegedly didn’t return it. Bay Group claims the deposit “could have been misappropriated, transformed, or commingled with different funds by Erdos and/or Dweck,” the criticism stated.

    Learn extra

    Mark Nussbaum and Mendel Steiner

    Fictitious deals and phony emails: New Nussbaum filings lay bare alleged Ponzi scheme






    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCity, State Politics Dominate Real Estate Today
    Team_WorldEstateUSA
    • Website

    Related Posts

    City, State Politics Dominate Real Estate Today

    May 11, 2026

    Maverick Blocked From Auctioning Former Flushing Theater

    May 11, 2026

    CRE Lending Activity Reaches Highest Level in Five Years

    May 11, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Here are Kathy Hochul’s J-51, SEQRA pitches

    January 23, 20266 Views

    NFM Lending acquires Homespire Mortgage in Maryland M&A deal

    November 7, 202515 Views

    Meet the real estate broker betting big on Realty of America’s rev share future

    April 16, 20262 Views

    Daryl Hagler Sells Another Nursing Home to Chuny Herzka

    April 29, 20263 Views

    PennyMac reports Q4 2025 profit of $107M

    January 29, 202610 Views
    Categories
    • House Flipping
    • Property Investment
    • Real Estate
    • Real Estate Analysis
    • Real Estate News
    Most Popular

    2026 Home Price Predictions: The Correction Continues?

    December 8, 2025685 Views

    Real Estate Scion is Holdout Against Artists in Soho Drama

    November 28, 202549 Views

    Larry Ellison Buys Two Pierre Units From Shari Redstone

    November 27, 202534 Views
    Our Picks

    how low immigration could impact housing demand

    December 17, 2025

    Eric Adams Releases Manhattan Plan

    December 22, 2025

    5 Systems Every Rookie Investor Needs for Faster Rehabs and Bigger Profits

    March 5, 2026
    Categories
    • House Flipping
    • Property Investment
    • Real Estate
    • Real Estate Analysis
    • Real Estate News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Worldestateusa.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.