Scammers pull $42 million fraud job on Holocaust victims' fund
A long-running scam by insiders has defrauded a Holocaust survivor's fund out of tens of millions of dollars.
Six employees of the nonprofit group The Conference on Jewish Material Claims Against Germany, along with 11 other conspirators, have been charged in a decade-long scheme to defraud the organization and legitimate Holocaust victims out of more than $42 million, the FBI announced.
Victims of this scheme were "those who had already suffered at the hands of Nazi persecution only to have their experiences exploited again -- this brazen miscarriage of the compensation program is, in its own way, a kind of crime against humanity," the FBI's New York Assistant Director in Charge, Janice Fedarcyk, said in a statement.