Visiting the “tax-haven sex mansion” of two Brooklynites in Puerto Rico, the first thing Bloomberg’s Zeke Faux notices is it “looks like a frat house after a rager.”
Beer bottles and cigarette butts litter the porch, a SUV with a blown tire lies on the front lawn while a wrecked golf cart sits across the driveway.
This is the home of 33-year-old Abe Zeines and Meir Hurwitz, two ex-Lubavitcher Jews who abandoned the highly religious community and made a fortune making high-interest cash advances to small businesses. The two aren’t Wall Street elites, but their highly profitable business – charging interest rates as high as 400% – caught Wall Street’s attention. The company was eventually sold, and Bloomberg’s Faux reports that the pair are said to have made a $40 million fortune. They’ve put the money to use partying, golfing, gambling, and picking up women on Tinder. Eight months in though, it sounds like they’re already getting bored.
“It’s a matter of time before we get involved with something else,” Hurwitz told Bloomberg.
Read the Bloomberg Business story here.