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court

Financial exec Rubin pleads guilty

David Rubin, chairman of the board of Yavneh Hebrew Academy in Hancock Park and president of YULA girls’ high school, pleaded guilty in federal court in New York on Dec. 30 to wire conspiracy and fraud involving proceeds from municipal bonds. Beverly Hills-based CDR Financial Products, which Rubin founded and runs, pleaded guilty to related antitrust charges.

John Farahi indicted

John Farahi, a Los Angeles Iranian-Jewish radio talk show host and financial investment manager, last week was charged in U.S. District Court in downtown Los Angeles for allegedly defrauding more than 100 local Iranian-American investors and various financial institutions of nearly $20 million over the course of nearly five years.

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More news and opinions than at a Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.