• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Social Security unraveling: 7,100 workers sacked, performance metrics retired, disability claims falling

2

Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent

3

'Where we are today is frightening': a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt

1

Social Security unraveling: 7,100 workers sacked, performance metrics retired, disability claims falling

2

Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent

3

'Where we are today is frightening': a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt
Financefraud

‘Billionaire rabbi’ whose ‘fantastical’ lies included a fake $290 million bid for Lord & Taylor and work for the CIA is sentenced

By
Bob Van Voris
Bob Van Voris
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bob Van Voris
Bob Van Voris
and
Bloomberg
Bloomberg
Down Arrow Button Icon
November 6, 2023, 6:16 PM ET
Lord & Taylor store in Boston before it was shuttered.
Lord & Taylor store in Boston before it was shuttered. Jessica Rinaldi/The Boston Globe via Getty Images

The man who posed as a deal-making billionaire rabbi astrologer and made a phony $290 million bid for Lord & Taylor was sentenced to 8 1/2 years in prison for defrauding a close friend and a widow with four children out of $3.8 million.

Recommended Video

Russell Dwayne Lewis, 57, told “increasingly fantastical and outrageous lies” to defraud friends and employees, culminating in a farcical attempt to buy the storied retailer with nonexistent assets, according to prosecutors. Lewis, who went by “Clifford Ari Getz,” told victims of his fraud that he operated a secretive family investment firm, Neviim Equity, out of offices in Beverly Hills, California.

Lewis, a high-school graduate from Texas, claimed he had grown up in London, and that he had earned a Ph.D. in theoretical mathematics and statistics, and master’s degrees in neurophysics, genetics and quantum physics. A convert to Judaism, Lewis claimed falsely that he was a rabbi.

“I know that you know the difference between right and wrong,” US District Judge Laura Taylor Swain said Monday after announcing the sentence in New York. “Lying, stealing, cheating are wrong, and you’re paying a heavy price for that.”

The sentence matched the request by prosecutors. A lawyer for Lewis had asked for less than the 7 1/4 years recommended by federal sentencing guidelines. Lewis has agreed to forfeit the $3.8 million he stole along with some artwork that was found in his Beverly Hills home.

Fake Identity, CIA

Prosecutors claimed Lewis stole the identity of a man named Clifford Getz, used the Social Security number of a 13-year-old boy in Ohio and forged a passport. He boasted that he was worth $10 billion, $18 billion and even $30 billion, depending on whom he was talking to.

Lewis claimed falsely to have worked for the Central Intelligence Agency, the US Secret Service and the Los Angeles Police Department, prosecutors said. He also claimed he used his knowledge of astrology to help pick the jury for the 1995 O.J. Simpson double-murder trial, according to the government. The defrauded widow initially came to him for his claimed astrological expertise.

Lewis didn’t plead guilty to making his allegedly phony bankruptcy court bid to acquire Lord and Taylor, the nearly 200-year-old retailer that folded in 2020, though prosecutors used it in their sentencing papers. The Lord & Taylor deal was never closed and Lewis made no money from it. Under his plea agreement with prosecutors, the charge related to the bogus bid was dropped.

When Lewis made the bid, it was well above what the Lord & Taylor team expected. Lord & Taylor, its lawyers, bankers and other advisers spent much of August 2020 in calls with Lewis and his people, doing due diligence and trying to figure out if the deal was workable. Lord & Taylor’s representatives wasted thousands of dollars and weeks of time evaluating the proposed deal, prosecutors said.

Prosecutors said Lewis sent a forged letter from a foreign bank claiming that it held hundreds of millions of euros belonging to him. 

In the end, an investment firm, Saadia Group, agreed to pay just $12 million for Lord & Taylor’s intellectual property and e-commerce assets.

About the Authors
By Bob Van Voris
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Soldier Field in Chicago during 1994 FIFA World Cup opening ceremonies
EconomyWorld Cup
Some of the biggest U.S. sporting towns decided not to host any World Cup games, fearing a ‘major financial burden to our cities’
By Tristan BoveJune 3, 2026
35 minutes ago
CHONGQING, CHINA - JANUARY 22: In this photo illustration, a smartphone displays the logo of Automatic Data Processing, Inc. (NASDAQ: ADP), an American provider of human capital management solutions including payroll, workforce management and business outsourcing services, in front of a screen showing the company's latest stock market chart on January 22, 2026, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)
EconomyLabor
AI was supposed to be killing jobs. In spring, the labor market is opening up instead
By Eva RoytburgJune 3, 2026
41 minutes ago
zhu
ConferencesCOO Summit
‘One thing after the next’: Axon and Schneider Electric supply chain chiefs talk life in permanent disruption
By Nick LichtenbergJune 3, 2026
1 hour ago
dr. oz
HealthWhite House
Dr. Oz on why Trump appointed a real-estate heir as acting intelligence chief: ‘I think Bill’s a great guy. I know him socially’
By Will Weissert, Josh Boak and The Associated PressJune 3, 2026
1 hour ago
A $245 million Bitcoin heist led police to a ‘Godfather’ who hired Sheriff’s deputies as enforcers
North AmericaCrime
A $245 million Bitcoin heist led police to a ‘Godfather’ who hired Sheriff’s deputies as enforcers
By Dave Collins and The Associated PressJune 3, 2026
1 hour ago
Kalshi reported former Rep. George Santos for allegedly placing a bet on the marketplace against his own attendance at the State of the Union
North AmericaKalshi
Kalshi reported former Rep. George Santos for allegedly placing a bet on the marketplace against his own attendance at the State of the Union
By Jake Offenhartz and The Associated PressJune 3, 2026
2 hours ago

Most Popular

Social Security unraveling: 7,100 workers sacked, performance metrics retired, disability claims falling
North America
Social Security unraveling: 7,100 workers sacked, performance metrics retired, disability claims falling
By Katie Savin, Callie Freitag, Matthew Borus and The ConversationJune 2, 2026
1 day ago
Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent
Environment
Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent
By Marco Quiroz-GutierrezJune 1, 2026
2 days ago
'Where we are today is frightening': a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt
Banking
'Where we are today is frightening': a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt
By Nick LichtenbergJune 2, 2026
1 day ago
Cognizant CEO says AI is remaking middle managers into player-coaches who can 'both  execute and develop others'
Newsletters
Cognizant CEO says AI is remaking middle managers into player-coaches who can 'both execute and develop others'
By Diane BradyJune 2, 2026
1 day ago
Current price of oil as of June 2, 2026
Personal Finance
Current price of oil as of June 2, 2026
By Joseph HostetlerJune 2, 2026
1 day ago
The Iran conflict has disrupted oil supply. Gulf states are now looking to multi-billion-dollar investments in renewables 
Energy
The Iran conflict has disrupted oil supply. Gulf states are now looking to multi-billion-dollar investments in renewables 
By Melissa HancockJune 1, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.