Bert Dweck Sued in Brooklyn Over Missing Millions

"Brooklyn real estate dealmaker Bert Dweck is staring down a wave of civil lawsuits that accuse him of missing escrow funds, bad checks and unpaid loans, with plaintiffs seeking at least $14.4 million. The complaints, all filed in New York state court, name Dweck and, in some instances, his relatives and associates. Local investors and small-business owners say money they wired for property deals never turned into actual purchases and was not returned."

"As reported by The Real Deal, Dweck is named in seven lawsuits that together seek at least $14.4 million. Five companies filed a complaint in December alleging roughly $2.8 million tied to three deals, including 1526 Grand Concourse in the Bronx and 4188 and 4910 Broadway, where investors say acquisition funds were wired and later could not be accounted for. Across those cases, plaintiffs describe a recurring pattern of stalled closings, missing escrow money and, in some filings, forged or phony documents."

"Court documents posted by the New York State Unified Court System show that Dweck has been in this kind of fight before. In January 2024, a Supreme Court motion decision in Shafer v. Dweck granted summary judgment to a lender and directed entry of a roughly $562,000 judgment after finding that Dweck received disputed loan proceeds. The decision notes that the defendant acknowledged receipt of the funds and repeatedly invoked the Fifth Amendment during his deposition. That ruling stands as a recent public example of money disputes tied to Dweck's transactions."

"The latest filings add more zeroes to the running total. One Brooklyn lender alleges that Dweck owed nearly $6 million and that 130 checks and ACH transfers totaling roughly $5.5 million were returned between May 24, 2024 and Nov. 19, 2025. Another suit by Mordechai Samet claims about $1.9 million in bad checks."

Seven New York state civil lawsuits name Brooklyn real estate dealmaker Bert Dweck and, in some cases, relatives and associates. Plaintiffs seek at least $14.4 million, alleging that money wired for property deals never resulted in purchases and was not returned. Several complaints describe stalled closings, missing escrow funds, and alleged forged or phony documents. Court records show a prior loan dispute in Shafer v. Dweck, where summary judgment was granted to a lender and a roughly $562,000 judgment was directed after findings that Dweck received disputed loan proceeds. New filings also allege returned checks and failed ACH transfers totaling millions, along with additional claims involving bad checks and unpaid amounts.

Read at Hoodline