Efraim Diveroli is a young American entrepreneur and former arms dealer who made headlines for his role in a high-profile government contract scandal. In this article, we will explore the life, career, and net worth of Efraim Diveroli.
Early Life and Family Background
Efraim Diveroli was born on December 20, 1985, in Miami Beach, Florida. He grew up in a Jewish family with his father, Michael Diveroli, who was also an arms dealer, and his mother, Shoshana Diveroli, who worked as a real estate agent.
Education
Diveroli attended a Jewish private school, Lehrman Community Day School, for his elementary and middle school education. However, he did not complete his high school education as he dropped out at the age of 16 to focus on his arms dealing business.
Business Career
Diveroli started his business career at the age of 18 when he founded AEY Inc., a Miami-based company that provided weapons and ammunition to the US military. In 2007, AEY Inc. won a $298 million contract to supply ammunition to the Afghan National Army and police forces.
However, the contract was cancelled in 2008 after it was revealed that AEY Inc. had supplied defective and outdated ammunition to the Afghan security forces. This led to a high-profile government contract scandal and Diveroli was subsequently sentenced to four years in prison for conspiracy to commit fraud and to illegally import weapons.
After serving his sentence, Diveroli founded a new company, a boutique record label named “Mogi Music.” The label focuses on hip-hop and electronic music and is based in Los Angeles, California.
Personal Life
Diveroli has kept his personal life private and away from the public eye. However, he has been described as a creative and entrepreneurial individual who is passionate about music.
Net Worth
As of 2023, Efraim Diveroli’s net worth is estimated to be around $1.5 million. His primary source of income is his music label, Mogi Music.
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FAQs:
Q: What was Efraim Diveroli’s role in the government contract scandal?
A: Diveroli’s company, AEY Inc., won a $298 million contract to supply ammunition to the Afghan National Army and police forces. The revelation of the company’s supply of defective and outdated ammunition led to a high-profile government contract scandal.
Q: How long was Efraim Diveroli sentenced to prison?
A: The court sentenced Diveroli to four years in prison for conspiring to commit fraud and illegally importing weapons.
Q: What is Efraim Diveroli’s primary source of income?
A: Diveroli’s primary source of income is his music label, Mogi Music.
Q: What kind of music does Mogi Music produce?
A: Mogi Music focuses on hip-hop and electronic music.
Q: What is Efraim Diveroli’s net worth?
A: Efraim Diveroli’s estimated net worth as of 2023 is around $1.5 million.
Conclusion:
Efraim Diveroli is a young American entrepreneur who gained notoriety for his involvement in a high-profile government contract scandal. Despite his controversial past, he has continued to pursue his passion for music and has established a successful record label.
His net worth is steadily growing, and it is likely that he will continue to make headlines in the years to come.
