A federal judge has entered an $87 million judgment against convicted Ponzi schemer Eliyahu Weinstein in a suit by investors who funded his phony real estate ventures.

The judgment represents money that was solicited by Weinstein for real estate investments but was not used for the purpose that was promised. The judgments were entered against Weinstein and his company, Pine Projects, in connection with investments made by five parties toward 10 real estate investments.