When it was revealed that an insider fraud had robbed the world’s leading Holocaust charity of $57 million meant to go to poor Holocaust survivors, the German government, which supplied these funds as reparations, was silent about the loss. It was a silence that persisted even after it became clear that eight years before the…
Illustration by Forward staff Earlier this week, the Forward ran my story on a small New York accounting firm that audits a ton of Jewish charities — including two that have faced recent scandals. A tipster called today to tell me about a third scandal-wracked Loeb & Troper client: YAI, a tremendous New York charity…
In the beginning it sounded like Disney World. Allen Kurzweil was 10 years old when his mother suggested that he spend one year at a boarding school in Villars, Switzerland. Kurzweil was exhilarated: He had fond memories of winter holidays in the Swiss Alps with his father, who had passed away five years before. But…
They told the banks they were millionaires, and the welfare agencies that they were broke. Fifteen members of a prominent Satmar Hasidic family were charged in a sprawling fraud case in New York on Thursday, accused of lying to obtain $20 million in mortgages while also receiving hundreds of thousands of dollars in public benefits….
FBI agents reportedly arrested more than a dozen members of Hasidic communities in Williamsburg, Monsey, and Kiryas Joel this morning in connection with a mortgage fraud investigation. An FBI spokesman confirmed the arrests to the Forward. Neither the FBI nor the U.S. Attorney’s Office for the Southern District of New York has made an official…
William Rapfogel, the ousted leader of the Metropolitan Council on Jewish Poverty in New York, reportedly will plead guilty for his role in a scheme to steal more than $7 million from the social service agency. Rapfogel, who had served as CEO and president of the Met Council from 1992, was scheduled to enter a…
Prominent bitcoin entrepreneur Charlie Shrem has been indicted by a federal grand jury in New York on charges of funneling cash to the illicit online marketplace Silk Road. Shrem, known as one of the digital currency’s most visible promoters, is accused of conspiring with a Florida man, Robert Faiella, to sell more than $1 million…
Ehud Olmert’s former bureau chief Shula Zaken agreed to testify against her ex-boss in the Holyland graft case. Zaken, who has been convicted of graft in another scandal involving the former prime minister, signed a plea agreement Thursday with the state prosecutor’s office, which then asked the court to postpone the verdict in the Holyland…
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