Boruch Matir Asurim: Yanky Ostreicher Released from Jail On Bail, Remains Under House Arrest


yanky-ostreicherA judge in Bolivia has released Yanky Ostreicher, the New York businessman who has been jailed for 18 months without charge and who helped uncover a shakedown ring led by prosecutors. Yanky will now be under house arrest while the authorities finish investigating his money laundering case.

The 54-year-old American was all smiles and quite emotional after hearing the judge’s ruling.

Judge Eneas Gentilli set bail at the equivalent of $14,400 and ordered Yanky to remain under house arrest in the city of Santa Cruz.

The decision came days after American actor Sean Penn made a direct public appeal to Bolivian President Evo Morales to order him freed.

Assemblyman Hikind (D-Brooklyn), an advocate for the Ostreicher family since Yanky’s incarceration, called the occasion “the beginning of the end of Jacob Ostreicher’s nightmare.”

“This is the first really good news we have received regarding Jacob and all of us are extremely optimistic,” said the Assemblyman. “We’re hoping to have Jacob reunited with his family in Borough Park very soon.

“I couldn’t be prouder of our community for staying involved with the Ostreichers — for caring as much as they do and constantly keeping Jacob’s situation in mind. Keep praying. The Al-mighty hears us.”

{Noam Newscenter}


  1. Baruch Hashem may he be released for good very soon, and hopefully this is the beginning of Pollard’s and Rubashkin’s release, and our release from this Galus.