Efraim Diveroli Net Worth: Inside the World of Illegal Arms Deals
Efraim Diveroli net worth is estimated to be around $25 million, a fortune accumulated through his arms dealing business despite legal troubles and a prison sentence.
Who is Efraim Diveroli?
Efraim Diveroli is a former arms dealer and author born to Ateret and Michael on 20 December 1985 in Miami Beach, Florida, USA. His family is an Orthodox-Jewish family that strictly adheres to traditional Jewish laws. He has four siblings: Aaron, Avrohom, Avigail, and Yeshaya. Efraim comes from a wealthy family. His grandfather, Yoav Botach, was a wealthy property owner in Los Angeles, while his uncle is a respected rabbi. He lived with his uncle when he was young and assisted with his business in Los Angeles before returning to Miami Beach when he was 15.
Efraim Diveroli Early life
Diveroli was born on December 20, 1985, in Miami Beach, Florida, the son of Ateret and Michael Diveroli. His family was Orthodox Jewish, strictly observing all traditional Jewish laws. He studied at Hebrew Academy in Miami Beach. His Iranian-born grandfather, Yoav Botach, was one of the wealthiest property owners in Los Angeles, and his uncle is celebrity rabbi Shmuley Boteach.
Efraim Diveroli Heigtht & Weight
David was born in the United States and spent most of his childhood there. Even at this age, he is still secure with his job and his relationships. He stands at the height of 5’7″ and weighs 77 kg. The muscular-looking individual mainly does gym work, which keeps him fit. To complete the physical outlook, he has a bald head with glowing blue eyes.
Efraim Diveroli Rise in the Arms Dealing Industry
Efraim Diveroli, an American businessman, rose to prominence through his involvement in the arms dealing industry. Beginning his career as a teenager, Diveroli showcased his entrepreneurial skills and deep understanding of the gun trade. This led to the establishment of AEY Incorporated, a company specializing in the import and export of firearms and military surplus products. As the president and CEO, Diveroli’s keen business acumen paved the way for securing profitable contracts, propelling AEY Incorporated to become a leading global weapons supplier.
Efraim Diveroli Career
David Packouz is currently CEO of Singular Sound, a music technology company. As a guitarist and singer in a retirement home, Packouz broke into the film. AEY Inc. has been awarded a nearly $300 million federal contract to supply 100 million rounds of AK-47 ammunition. Also, millions of rounds for SVD Dragunov sniper rifles, aviation rockets, and other ammunition to the Afghan Army in 2007 Plus, the year 2005 saw its foundation set for something big for sure. He joined the arms company AEY Inc.. This changed things for the man as they got many contracts together.
Read Previous: Alicia Keys Net Worth
Efraim Diveroli Convictions and Lawsuits
Ammoworks, a company owned by Diveroli, continued selling arms while he awaited trial for conspiracy.In late August 2008, he pleaded guilty on one count of conspiracy, and was sentenced to four years in prison on January 4, 2011. He was further sentenced for possessing a weapon while out on bond and had his overall sentence reduced for assisting in the investigation of the prosecution.Diveroli’s former partner David Packouz was sentenced to seven months’ house arrest. Packouz, along with Ralph Merrill, the group’s former chief financier, later filed separate lawsuits against Diveroli seeking payment of millions of dollars they say they were owed in connection to the weapons contract with the U.S. government.
Efraim Diveroli Awards
David Packouz became famous for all the wrong reasons. So it is priceless. He created Singular Sound Company, but he hasn’t received any awards yet. We hope to see him receive awards for his work in the future.
Efraim Diveroli Personal Life
Efraim Diveroli might be unmarried and has never been engaged. Efraim Diveroli hasn’t been dating anyone as of June, 2023. Diveroli received a four-year federal prison term. He is the focus of the 2016 Todd Phillips dramedy movie War Dogs as well as a 2016 memoir written in collaboration with convicted fraudster Matthew Cox.
FAQs
Who is Efraim Diveroli?
Efraim Diveroli is a former arms dealer who gained international attention for his involvement in supplying weapons to the Afghan Army. He co-founded AEY Inc., a company that secured a $300 million U.S. government contract before facing legal troubles and a prison sentence.
What is Efraim Diveroli’s net worth?
Efraim Diveroli’s net worth is estimated to be around $25 million, a fortune he accumulated through his arms-dealing business, despite legal issues and a prison sentence.
What was the controversy surrounding Efraim Diveroli?
Diveroli was involved in an illegal arms deal with the U.S. government, supplying ammunition to the Afghan Army that did not meet the required specifications. This led to his arrest and conviction for conspiracy and other charges.
What happened to Efraim Diveroli?
In 2011, Diveroli was sentenced to four years in prison for conspiracy, although his sentence was later reduced for cooperating in investigations. He was also involved in lawsuits filed by former business partners.
Conclusion
Efraim Diveroli is a controversial figure who rose to prominence through his involvement in the arms-dealing industry, where his company AEY Inc. secured lucrative contracts, including a high-profile deal with the U.S. government. Despite his early success, Diveroli’s career was marred by legal troubles, leading to a conviction and prison sentence for conspiracy. His story, including his rise and fall in the arms trade, was adapted into the 2016 film War Dogs.
Read Next: Thetopics
