Holocaust survivor scam nets $42.5 million, 17 charged in swindle: prosecutors
Ghoulish scammers swindled $42.5 million from two funds intended to help needy Holocaust survivors, prosecutors charged Tuesday.
Manhattan U.S. Attorney Preet Bharara and the FBI announced charges against 17 people involved in the rip-off.
Court papers said employees of the Conference on Jewish Material Claims Against Germany, which administered the accounts, were behind the long-running scheme.
The scammers submitted fraudulent applications in exchange for a percentage of the money disbursed, the papers said....
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Manhattan U.S. Attorney Preet Bharara and the FBI announced charges against 17 people involved in the rip-off.
Court papers said employees of the Conference on Jewish Material Claims Against Germany, which administered the accounts, were behind the long-running scheme.
The scammers submitted fraudulent applications in exchange for a percentage of the money disbursed, the papers said....