US: Holocaust survivor funds raided for $42M

By ASSOCIATED PRESS
November 9, 2010 22:34

NEW YORK — US Federal authorities in New York on Tuesday said two funds created to provide relief for cash-strapped Holocaust survivors were raided for more than $42 million with the help of several people who were supposed to administer the funds.

US Attorney Preet Bharara described the long-running scheme as he announced charges in federal court in Manhattan against 17 people, including the former director of the funds.


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