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 $US40 million fortune.
They have 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.