LAKEWOOD, NJ – Rabbi Osher Eisemann, the founder of Lakewood’s School for Children with Hidden Intelligence (SCHI), just received a million-dollar decision. New Jersey Superior Court Judge Joseph Paone has decide Eisemann’s should get another day in court, vacating his 2019 conviction of money laundering and corporate misconduct.
He was found guilty of money laundering after being accused of diverting $979,000 in public funds through his personal bank accounts and sentenced to 60 days in jail. So far, he hasn’t served that sentence.
A panel of judges in 2020 slammed Supreme Court Judge Benjamin Bucca for being too easy on Eisemann.
Now, Eisemann’s lawyers are claiming the rabbi doesn’t owe the school’s money-raising foundation, Services for Hidden Intelligence LLC, any money, but the foundation owes him $300,000.
SCHI receives over $5,000,000 annually in public funds from the Lakewood School District. It is a private special needs school attended by Orthodox Jewish children.
Shore News Network has been covering the Five Towns NJ, including Lakewood, Brick, Toms River, Jackson and Howell Since 2008! Here’s what else is going on in the 5 Towns NJ area.
- New Jersey Dems Want Extreme New Tax on Tourism that Could Cripple an Entire Industry

- Democrats push bill to shield non-tenured teachers as NJ school funding cuts deepen

- Cold snap grips New Jersey as first freeze of the season hits on Veterans Day

- Ocean County Sunoco sells winning $160K lottery ticket

- Driverless Cars Could Soon Be Hitting New Jersey’s Roadways

Read More Five Towns NJ News.