Jacob Ostreicher

Quick Facts

Full Name	Jacob Ostreicher
Occupation	Entrepreneur
Date Of Birth	Feb 7, 1959(1959-02-07)
Age	65
Birthplace	Brooklyn
Country	United States
Birth City	Brooklyn
Horoscope	Pisces

Jacob Ostreicher Biography

Jacob Ostreicher is one of the most popular and richest Entrepreneur who was born on February 7, 1959 in Brooklyn, Brooklyn, United States. Ostreicher was born in Brooklyn, New York, in 1959 to David and Violet Ostreicher, both Orthodox Jews. He has 2 children and 5 grandchildren.

Bolivian law allows for imprisonment without charge for 18 months during the investigative phase. Since Ostreicher was arrested in early June 2011, the 18-month mark occurred in early December 2012.

On June 4, 2011, after an initial investigation, Ostreicher was arrested for suspicion of money laundering and criminal organization. The prosecutors also claimed that one of the investors, Andre Zolty, was under investigation in Switzerland, however, the Swiss authorities have denied this. Rodriguez has also been arrested. Ostreicher was imprisoned at Palmasola prison.

Hearings were also held on August 1, 2012, and May 20, 2013.

Dorado was arrested in 2010, and was imprisoned in Brazil.

Jacob Ostreicher Net Worth

Jacob Ostreicher is one of the richest Entrepreneur from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Jacob Ostreicher 's net worth $5 Million. (Last Update: December 11, 2023)

Jacob Ostreicher (born February 7, 1959) is an American businessman and investor. In June 2011, he was arrested in Santa Cruz, Bolivia, while overseeing a rice growing agricultural venture that he had invested in, and was jailed for 18 months on suspicion of money laundering, though he was never formally charged. Ostreicher maintained his innocence and stated that the allegations by the Bolivian government were “the scam of the century”. His family and friends initiated a public effort to plea for his release, and actor-activist Sean Penn visited Ostreicher in Bolivia and pledged to work for his release.

A group of investors, including Ostreicher and Geneva lawyer Andre Zolty, invested at least $25 million in a rice farming project in Bolivia in 2008. Zolty stated that the idea originally came from Claudia Liliana Rodriguez who he had worked with in Geneva. The investors became concerned with irregularities and suspected that Rodriguez was cheating them. Ostreicher was dispatched to Bolivia to handle the situation, and pursued criminal charges against Rodriguez. The investors also state that Rodriguez became involved in a romantic and financial relationship with a drug trafficker by the name of Maximiliano Dorado.

Ostreicher was brought before a judge who after several hearings ordered for him to be released on September 23, 2011. However the judge reversed his decision a week later. A month later the judge was promoted and a new judge was assigned to the case. Following several postponements, the second judge recused himself from the case; no other judge had yet to be assigned.

Height, Weight & Body Measurements

Jacob Ostreicher height Not available right now. Jacob weight Not Known & body measurements will update soon.

Who is Jacob Ostreicher Dating?

According to our records, Jacob Ostreicher is possibily single & has not been previously engaged. As of December 1, 2023, Jacob Ostreicher’s is not dating anyone.

Relationships Record : We have no records of past relationships for Jacob Ostreicher. You may help us to build the dating records for Jacob Ostreicher!

On December 18, 2012, Ostreicher was released from prison on $14,000 bail and placed under house arrest. Bolivian officials were later arrested for what authorities state was an extortion ring. On December 16, 2013, Ostreicher arrived in the United States after 30 months in Bolivia. It was unclear how he managed to flee the country.

Facts & Trivia

Jacob Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United States. Jacob Ostreicher celebrates birthday on February 7 of every year.

In May 2014 Ostreicher revealed that after his release, Penn had personally nursed him back to mental and physical health at the latter’s home.

Top Facts about Jacob Ostreicher

1. Jacob Ostreicher is an American businessman and investor born in 1959.
2. He was arrested in Bolivia in 2011 on suspicion of money laundering.
3. Ostreicher spent over two years imprisoned without charges or trial.
4. His case gained international attention, with celebrities advocating for his release.
5. In December 2013, he was released from prison and returned to the US.
6. Ostreicher has since become an advocate for human rights and criminal justice reform.
7. He founded the nonprofit organization “The Ostreicher Project” to help others facing similar situations.
8. Ostreicher’s story was featured in a book and a documentary film titled “Unjustified.”
9. He has spoken at various events about his experience and activism efforts.
10. Despite the ordeal, Ostreicher remains optimistic about life and helping others.