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8 lut 2016 · February 8, 2016. Last week’s ABC mini-series chronicled the most famous financial fraud in recent American history: Bernard Madoff’s $50 billion Ponzi scheme, which devastated elite...
Madoff targeted wealthy American Jewish communities, using his in-group status to obtain investments from Jewish individuals and institutions. Affected Jewish charitable organizations considered victims of this affinity fraud include Hadassah, the Women's Zionist Organization of America , the Elie Wiesel Foundation and Steven Spielberg 's ...
21 gru 2018 · An American Jewish catastrophe. It’s been a decade since Bernie Madoff’s arrest stunned Wall Street and sent the Jewish world reeling. Investors — from retirees to small Jewish nonprofits to day schools to universities to large European hedge funds — believed they had made a safe bet with Madoff.
An American Jewish catastrophe. It’s been a decade since Bernie Madoff’s arrest stunned Wall Street and sent the Jewish world reeling. Investors — from retirees to small Jewish nonprofits...
20 gru 2008 · Longstanding Jewish philanthropic organization lost staggering $90 million when it fell victim to Bernard Madoff scam. In rare emotional plea, Hadassah president issues call to arms for...
These were among the causes of “material diversion” of assets – tax-speak for lost funds or property totaling $250,000 or 5 percent – reported by Jewish organizations on their tax returns.
14 kwi 2021 · Bernard Madoff, who died at 82, was a financier to the Jewish world. His ponzi scheme disrupted the entire landscape of Jewish philanthropy.
