Mound man accused of multimillion-dollar scam in lawsuit

He died a day after a judge appointed a receiver to take control of his companies and assets.

The Minnesota Star Tribune
January 24, 2026 at 5:19AM
Jurors deliberated the fate of former Brooklyn Center police officer Kimberly Potter, who fatally shot Daunte Wright during a traffic stop in April, as a steady snow fell outside the Hennepin County Government Center Tuesday, Dec. 21, 2021 in Minneapolis. ] ANTHONY SOUFFLE • anthony.souffle@startribune.com
A Minnetonka man loaned millions to a check-cashing business that he came to believe was a sham, according to the suit. (Anthony Souffle, Star Tribune/The Minnesota Star Tribune)

A Mound man was being sued for allegedly bilking a funder out of millions, only to die days after the suit was filed.

Brett Schraber and his check-cashing businesses, EZ Capital and EZ Cash, claimed to pay out workers’ compensation settlements early, according to court filings. The companies would pay out smaller lump sums ahead of time, with the full settlements later going to the EZ companies.

But Robert Zakheim of Minnetonka, who said he loaned Schraber and the businesses $100 million over four years through two other companies, now claims the EZ scheme was a sham and filed a lawsuit on Jan. 16.

According to the suit, Schraber claimed to have worked with attorneys who represented injured workers, but those attorneys told the lenders they had never worked with Schraber or the purported clients. There were no cases and no injured workers, the suit alleges.

A judge appointed a receiver to take control of Schraber’s companies and assets Jan. 21.

According to an obituary, Schraber died the following day.

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about the writer

Josie Albertson-Grove

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Josie Albertson-Grove covers politics and government for the Star Tribune.

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