Israeli-born billionaire accused in $1B scheme must stay under house arrest
An Israeli-born businessman who allegedly embezzled about $1 billion from three banks in Moldova lost a bid to end his house arrest.
An Israeli-born businessman who allegedly embezzled about $1 billion from three banks in Moldova lost a bid to end his house arrest.
Almost 25 years ago, I read a one-line description of Jewish leadership that has haunted me ever since. The author, whose name I have repressed, wrote: \”Only a confirmed anti-Semite could believe that the Jewish people have the leadership they deserve.\” I protested his statement then, but I am not sure I can disagree now.
The case exposes a danger for nonprofit organizations like synagogues, which may rely on volunteer lay leadership for much of their financial management and oversight.