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Stunned local groups start to count losses as list of Madoff’s victims grows

URL: http://www.jewishjournal.com/nation/article/local_groups_stunned_and_start_to_count_losses_as_list_of_madoffs_20081216

It didn't take long for Bernard Madoff's arrest in New York for running an alleged $50 billion Ponzi scheme to send shockwaves through Los Angeles' Jewish community. The growing swindler's list of victims reads like a who's who of L.A. Jewish communal life, including the Jewish Community Foundation, The Jewish Federation of Greater Los Angeles, Jewish Family Service, Jewish Free Loan Association and Beit T'Shuvah.

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