New York man seeks damages under RICO over alleged fraud and bankruptcy manipulation


Judge Gary R. Brown of the U.S. District Court for the Eastern District of New York | US Senate Judiciary Committee (Wikipedia Commons)

A New York resident is taking legal action against a group of individuals he accuses of orchestrating a scheme to steal his identity and manipulate his financial standing.

Plaintiff Yisroel M. Plaut filed a complaint against Jacob S. Bard, Sruly Bard, Mordechai Seidenfeld, and an unnamed auto dealer/mechanic. The lawsuit details alleged identity theft and financial manipulation by the defendants. According to the complaint, the Bard brothers, along with Seidenfeld and an unidentified auto dealer/mechanic, are accused of using Plaut's identity to obtain high-value vehicles and merchandise. These items were allegedly dismantled and sold for parts, leaving Plaut with significant debts. The complaint further alleges that this activity forced Plaut into a manipulated Chapter 7 bankruptcy proceeding, concealing the defendants' actions.

Plaut claims that Sruly Bard was the mastermind behind the scheme, devising strategies for obtaining credit in Plaut's name. Jacob Bard is described as executing these plans by managing day-to-day operations and handling finances, while Seidenfeld allegedly benefited financially. The complaint also asserts that UBGP LLC and its investment in Chevra Kadisha USA LLC were used as conduits for illicit money flows and control.

The plaintiff seeks relief under the federal Racketeer Influenced and Corrupt Organizations Act (RICO), demanding treble damages and attorneys’ fees alongside state-law remedies for fraud and breach of fiduciary duty. Additional relief sought includes an accounting of UBGP’s finances, removal of Jacob Bard as Managing Member of UBGP, appointment of a temporary manager or receiver, or judicial dissolution of UBGP.

The plaintiff is represented by attorney Christian N. Martinez. The case was filed in the United States District Court for the Eastern District of New York under Case ID 1:25-cv-06714.

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