Thursday, November 15, 2007

"Young Chabad" goes money laundering

B"H

Not for the first time, Kfar Chabad (near Rishon LeZion) was searched by the police. The head of the "Young Chabad Youth Movement", Yosef Aharonov and his deputies got arrested.

Yosef Aharonov is being accused of embezzling 60 Mio Dollar. The money was donated by all different kinds of people who thought they are doing a Mitzwah. The police confiscated boxes of documents from the Kfar Chabad office.

They suspect the heads of "Young Chabad" using the money either for their own purposes or paying salaries in cash in order to avoid the Israeli income tax.

It is not the first nor the last time that Kfar Chabad faces a financial scandal. Obviously their leadership should be more careful about whom to entrust with financial funds.

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