Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Ostreicher: Bolivian Jewish Community ‘Disappointing’

New York businessman Jacob Ostreicher said in an interview with Bolivian media that the reaction to his jailing by the country’s Jewish community was “quite disappointing.”

Ostreicher, who had been jailed in Bolivia without charges for 18 months, said he believes that the Jewish community is afraid of the government.

“To be honest with you, the Jewish community in Bolivia was quite disappointing,” Ostreicher told EJU-Monitoring News in Bolivia. “When I got entangled in this issue I approached them, they promised everything to my wife but they didn’t do much. Now I understand why, they were afraid of the government. Currently, I understand a little more about the system, I know that they were afraid, and rightfully so. But the Jewish community in the world stepped up to support me.”

Earlier this month, Ostreicher was released from jail to house arrest and was ordered to post bail of more than $14,000.

He said that there “is not enough time to describe the (poor) condition of the prison.”

Ostreicher, a haredi Orthodox father of five and grandfather of 11 from Brooklyn, was arrested in June 2011 by Bolivian police after it was alleged that he did business with “people wanted in their countries because of links with drug trafficking and money laundering.” He still has not been charged.

Ostreicher belonged to a group of investors who sunk $25 million into growing rice in eastern Bolivia. He has said that his arrest stems from a conspiracy by Bolivian officials to rob him and his businesses.

Last month, authorities arrested seven people, including top government officials, for attempted extortion of Ostreicher.

Ostreicher told EJU that he hopes his high-profile imprisonment will have an impact.

“I hope that the fact that I am American, won’t make it stop as soon as I go back to my country, I hope it won’t be like nothing has happened. All my suffering would not have been in vain if I could make a difference in the future of this country, to help hundreds, maybe thousands of people, making a change for future generations. If that’s the case my suffering will have been a small payment and will have been worthwhile. I hope this is not just about me, but about the whole justice system in Bolivia.”

Ostreicher credited American actor Sean Penn, who took on his case with the Bolivian government, with effecting his release. He said that people continue to call him and congratulate him for being released from prison but pointed out that “I am still not a free man.”

A message from our CEO & publisher Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.

If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.

—  Rachel Fishman Feddersen, Publisher and CEO

With your support, we’ll be ready for whatever 2025 brings.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at editorial@forward.com, subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.

Exit mobile version