A lawsuit filed in the US against Ron Yeffet, secured by "Pamphlet", reveals a financial fraud scheme worth over $8.6 million, where an American investor was convinced through a carefully built relationship, luxury, travel and high-level international contacts.
In this context, Albania is mentioned several times as part of this network of trust, including meetings with the Albanian Prime Minister, organized trips by private jet, and promises of Albanian passports….
Prime Minister Edi Rama continues to be reluctant to choose among the "friends" he chooses around the world.
Charles McGonigal of the FBI almost sank him, while "Pamphlet" has obtained an exclusive document, where Edi Rama's name appears again in US justice, and this time the protagonist is Israeli-American Ron Yeffet, who has taken over the state-owned arms company KAYO.
He is considered one of Edi Rama's closest people, but as has been said and according to the facts provided by "Pamphlet", it turns out that he is a very sophisticated fraudster.
Ron Yeffet, former honorary consul of Senegal in Tel Aviv, is under investigation by Senegalese justice for suspicious agreements regarding the appropriation of several state properties. He is also facing fraud charges in several countries. In Albania, the Israeli fraudster is behind a cartel of companies registered in Tirana with suspicious activity.
Ron Yeffet's name is associated with the companies UNO18, TIMAK DEFENCE, Timak, Timac, ADVANCED ARMS TECHNOLOGY, 1820 Albania, 1820 Black Oil, etc., with activities in the fields of weapons, oil, electronic money, metal constructions, etc.
But in fact, according to the facts that we will publish below, Ron Yeffet is a fraudster, who seems to have used Edi Rama himself in his maneuvers.
As part of an investigation, "Pamphlet" has discovered that a lawsuit was filed against Ron Yeffet on March 6, 2026, in the Florida Court, Miami-Dade County, by Mark Faist, alleging that the Israeli Yeffet fraudulently obtained over $8 million.
The document describes how it all began in 2018, when Mark Faist, after a long career as an energy trader, retired and moved to Miami with his family. In this city, he met Ron Yeffet, a person who, according to the lawsuit, would gradually build a close relationship with him through a deliberate and well-thought-out strategy.
lawsuit
From the beginning, according to the document, Yeffet worked to create a strong image of credibility and success. He included Faist in his personal life, introduced him to his family, shared stories about his philanthropic activities and personal beliefs, while simultaneously projecting a luxurious lifestyle, mentioning private jets, expensive cars and considerable wealth. This, the lawsuit claims, was intended to create a perception of “unlimited financial power” that would later serve as a basis for investments.
A defining moment in this process was the organization of a trip to Paris in 2020, at the height of pandemic restrictions. During this private jet trip, Faist and his wife were introduced to important figures, including the Prime Minister of Albania and the Albanian ambassador to France and Monaco. According to the document, these meetings “were carefully curated to reinforce Yeffet’s image as a man of global reach and business influence.”
“Shortly after the COVID-19 pandemic restricted travel to the United States in March 2020, Yeffet invited Faist and his wife on a trip to Paris on Yeffet’s private jet. During the trip, the group visited the Palace of Versailles and the Faist family was introduced to some of Yeffet’s most impressive contacts: the Prime Minister of Albania and the Albanian Ambassador to France and Monaco. These introductions were carefully curated to reinforce Yeffet’s image as a man of global reach and business influence,” Faist’s lawsuit states.
Albania appears as a recurring element in this story. The document states that Yeffet organized several international trips by private jet, which included Albania, in addition to destinations such as Rome, Paris and the Caribbean islands. These trips, according to the lawsuit, were not simply social, but were intended to keep the investor engaged and convinced of the seriousness of the relationship and investment.
“Yeffet continued to invite Faist and his wife on private jet trips to Albania and Rome (November 2020), Saint-Barthélemy (January 2021), Bordeaux and Paris (June 2021), Paris again (June 2022), and Capri (August 2022). Each luxurious trip served the same purpose: to keep Faist impressed, distracted, and financially engaged, even though the investments had yielded no return,” the lawsuit continues.
Excerpt from the lawsuit
One of the most detailed episodes relates to another visit to Albania, described in the document as a direct demonstration of power and influence. Yeffet and Faist were accompanied by a motorcade complete with armed security personnel, while their stay was organized in a private compound with full service and constant security.
“For example, Yeffet organized another lavish trip to Albania. In another theatrical display of his supposed wealth and power, Yeffet and Faist were escorted through the cities in a motorcade complete with armed security personnel. They stayed at a large private compound where private chefs prepared all meals and private security guarded the property at all times. During this trip, Yeffet discussed ongoing investments and promised that more information would be provided soon,” the document states.
Excerpt from the lawsuit
During this trip to Albania, according to the document, investments were discussed and guarantees were given for future developments. Another unusual element is also mentioned: the idea of providing an Albanian passport for the investor, which is described as a form of exclusive treatment to further strengthen trust and alleviate doubts that had begun to arise.
“He also floated the idea of possibly securing an Albanian passport for Faist, another gesture that seemed like exclusive access and special treatment, calculated to maintain Faist’s trust and to assuage growing suspicions that he had not received any return on his investments,” it says.
This part makes it even more difficult, due to the fact that Yeffet sells himself so strongly that he can get an Albanian passport "tak-fak", thanks to his connection with Edi Rama. So in short, the state has been put at the service of the Israeli arms dealer. No one can obtain a passport without having a friend Babloku.
In this climate of trust, according to the lawsuit, Yeffet managed to convince Faist to invest large sums of money in real estate projects in New York. The document explains that these investments were presented as rare opportunities that had arisen from the market situation during the pandemic, with promises of high profits and the possibility of withdrawal at any time.
In total, according to the document, Faist transferred over $8.6 million to the accounts of the company “R&I Trading.” However, the lawsuit states that these investments did not bring any financial return and that the investor did not receive any payment, except for a partial amount much later.
Over time, the lack of concrete results and information led Faist to seek clarification and then a refund of the funds. According to the document, the responses he received were vague and repetitive, while promises of imminent returns continued to fail to materialize.
In 2025, he formally requested a return on his investments. After a few months, according to the lawsuit, only a payment of $1 million was made, while the rest remained unpaid.
To avoid escalating the conflict, the parties signed an agreement in September 2025, where the defendants accepted the obligation to return $7,611,676.50 plus interest. The document states that they “expressly accepted their liability” and agreed to a repayment plan.
However, according to the lawsuit, this agreement was not respected either. The deadline was extended until February 2026, but it passed without any new payments, leading to the opening of the legal process. The hearings are continuing one after the other, while Yeffet is currently in Tirana.
All this shows that the main arms manufacturing company in the country has been given to a notorious fraudster. Edi Rama presents him as a powerful businessman, but this lawsuit clearly proves that Ron Yeffet is an experienced extortionist and is likely laundering the money of Albanian citizens this time.
Ron Yeffet, appeared in the Albanian public when the Albanian government, through KAYO, and the Israeli company Elbit System, signed an agreement for the purchase of weapons and investments in the defense sector. Shortly after, this company was put under investigation by NATO member countries and excluded from tenders.
KAYO, founded in 2024 by the Albanian government, has created four other companies, two of which have Ron Yeffet as a shareholder.
One of the companies, created by KAYO with 20% of the shares and Ron Yeffet with Arjeta Puca with 80% of the shares through their company TIMAK, is the company TIMAK Defence.
Ron Yeffet is a partner in the company TIMAK, where he owns 49% of the shares, and Arjeta Puca 51% of the shares.
The TIMAK company has so far received dozens of tenders from public institutions in the country, worth over 2 million euros. While the TIMAK Defence company has received 10 million euros from the state budget. So a fraudster like Ron Yeffet has received millions from Albanian taxes.
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