The American tourist accused of inflating the value of a watch stolen from him in Spain is being investigated by a bankruptcy trustee over $1.6 million in questionable transfers shortly before his charter-jet company went bust — leaving creditors holding the bag for around $5 million worth of debt, The Post has learned.Seth Bernstein has been “credibly” accused of funneling $1 million in federal COVID-19 relief funds to an investment bank he co-owns, according to the trustee in the bankruptcy case involving his defunct JetReady company.“This was among over $1.6 million allegedly transferred on account of monies loaned by Bernstein in the few months leading up to the Debtor’s bankruptcy filing,” lawyers for trustee Yann Geron wrote late last month.
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