Israel – Police arrested the Chabad Youth Organization's chairman, its chief accountant, and several other people suspected of embezzling millions of Shekels, through tax evasion, and laundering money for several businessmen.
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Police Commander Avi Mantzur, who is heading the investigation, said. we know that several well known businessmen fell pray to the fraud. Money was transferred to bank accounts, many of them private. We are talking about enormous amounts of money that were pocketed by the four suspects in Israel and abroad, probably in the U.S." [haaretz]
Some of the men were arrested at Ben-Gurion Airport as they returned from a fundraising tour in the United States.
I also heard this story several months ago with the added details of Anon 3:30: A certain high-ranking Chabad official was busted by his superiors and colleagues in a tremendous money-laundering scam. They expelled him, and knowing he could easily be charged, he took the initiative to concoct a libel against his former bosses.
We can only offer our wishes to the rabbis who were not involved in getting there names cleared.
to anon 3:30
where’s you source from?
I don’t that the chabad official is someone who was expelled from chabad. this guy runs chabad in israel!
The charges will be dropped;
This so called “fraud” was actually uncovered by Chabad itself, and the government is just trying to charge them with a fraud they themselves uncovered, but since it is clear that the fraud was done by a dissident who has been expelled from the group already, all charges will be dropped and court proceedings will go on with the one who has already been charged in court by chabad a few months back.
Would this report have any ties to Williamsburg or to Satmar… there would’ve been here 45 comments…
I think i’ve said enough.
Way to go Uforatzto