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fraud

Is Bernie Madoff Jewish?  Very. Oy.

\”It\’s all just one big lie.\”\n\nWith those words Bernard Madoff confessed to senior executives of Bernard L. Madoff Investment Securities that the $17 billion hedge fund he founded was nothing more than a Ponzi scheme. Madoff is at the center of \”the largest investor swindle ever blamed on a single individual.\”\n\nThe news that broke today on the front pages of the New York Times and the Wall Street Journal reverberated in Jewish communities across the world. \”A lot of Jewish charities had investments with him,\” one prominent investor told The Jewish Journal. \”So did a lot of Jews.\”\n\nUPDATE: Among the victims was the Jewish Community Foundation of Los Angeles.\n\n

Agriprocessors closed — now where’s the beef?

The kosher meat market is in a tailspin as production at the Agriprocessors\’ meatpacking plant in Postville, Iowa, which had been operating at a fraction of its normal capacity since May, finally ground to a halt this week. The company, whose meat was sold under the labels Rubashkin\’s and Aaron\’s Best, among others, filed for bankruptcy Nov. 4.

Grand Rabbi pleads not guilty

On Dec. 19, Los Angeles authorities arrested six people, including Naftali Tzi Weisz, 59, the grand rabbi of Spinka, a Brooklyn-based Hasidic sect, on charges of creating a money-laundering scheme that worked through financial networks in Los Angeles and Israel.

Sympathy for the Devil?

By now thousands of published articles, ranging from critical to hateful, have appeared about the famous Jack Abramoff — Orthodox Jew, former Washington super-lobbyist, product of an affluent Beverly Hills upbringing and future inmate of the Federal Bureau of Prisons. He has pleaded guilty to mail fraud, tax evasion and conspiracy.

Fraud Arrest at Kabbalah Centre

Tel Aviv police have arrested the director of the Israel Kabbalah Centre, following complaints that he had fraudulently exploited a dying cancer patient and her husband.

Redemption

Sixteen years ago, Mark Borovitz was in prison for the second time. A Cleveland native, he began selling stolen goods for the Cleveland mob out of his high school locker, then graduated to con games and hustles. In prison, he came under the influence of Rabbi Mel Silverman and began a return to faith that culminated, after his release, in his earning a rabbinical degree.

Car Alarm

You\’ve read the newspaper ads or heard the pitches on the radio: Donate your old car to our worthy charity, which aids orphans/immigrants/homeless/the halt and the lame, and enjoy a generous tax write-off.

A Russian Godfather?

To the general Israeli public, the \”Lerner Affair\” reveals the frightening tentacles of the Russian mafia in Israel, and the danger it poses to this country\’s economic and political system. To many in the Russian immigrant community, however, the Lerner Affair is a case of harassment — a high-profile attempt by the established Israeli \”elite\” to cast all Russian immigrants as criminals.

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Shabbat dinner, right in your inbox.

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.