44 F
New York
Friday, March 29, 2024

Met Council’s Rapfogel Arrested

Related Articles

-Advertisement-

Must read

William Rapfogel allegedly stole millions from Met Council, a non-profit aimed at helping Jews living in poverty.

William Rapfogel, who led the Metropolitan Council on Jewish Poverty until his firing in August, was arrested on Tuesday morning, September 24 and charged with grand larceny, money laundering and criminal tax fraud for an alleged scheme stretching back to the early 1990s.

Rapfogel, the former chief executive of one of New York City’s most influential charities pocketed more than $1 million, according to a complaint filed in Manhattan Criminal Court, and along with others, stole a total of more than $5 million over the course of two decades at the Met Council by inflating the rate of insurance policies paid by the nonprofit, and siphoning off the difference in cost.

According to published reports Rapfogel, 58 years old, made no comment as he was led out of the First Precinct station house in the Financial District in handcuffs Tuesday morning.  At an arraignment, Judge Kevin McGrath set bail at $300,000 bond and $100,000 cash and ordered Rapfogel to surrender his passport and to stay in the tri-state area.

Mr. Rapfogel didn’t enter a plea. His attorney, Paul Shechtman, said his client “hopes for a fair resolution of this case and will continue to make amends to the Met Council.”

In August, the Jewish Voice reported the discovery that Rapfogel had been illegally taking funds and was then subsequently ousted from his position at the Met Council.

balance of natureDonate

Latest article

- Advertisement -