Austrian Police Arrest Fugitive U.S. Businessman Convicted of Fraud

On October 25, 2000, law enforcement officials reported that Shalom Weiss, a millionaire U.S. businessman and financier who disappeared in October 1999, was arrested in Vienna, Austria. In November 2000, Weiss, 46, was convicted of racketeering and fraud connected to the collapse of the National Heritage Life Insurance. He faces a potential 845-year prison term. In October 1999, Weiss disappeared. In November, an Orlando federal court convicted him in absentia of 78 charges, including conspiracy, wire fraud, money laundering and obstruction of justice....[more]