A New York City Orthodox Jew has been sentenced to at least six years in prison for swindling unsuspecting individuals out of more than $31 million through a Ponzi scheme

Joseph Greenblatt, described by one of his victims as a “financial predator and a genetic sociopath," was sentenced to six to 18 years in state prison in exchange for submitting a guilty plea to the charge of defrauding dozens of investors in his Paramus, New Jersey-based real estate investment company, Maywood Capital Corp. Greenblatt was also ordered to pay in excess of $23 million in restitution to the victims of his scheme, an amount equivalent to the total funds that were invested through him, excluding money that has been recouped from asset sales in an ongoing bankruptcy court case.