The Metropolitan Council on Jewish Poverty will be able to continue receiving New York State funds in the wake of the scandal that has seen its former CEO charged with stealing millions from the charity.
Authorities charged the owner of a New York insurance company with helping William Rapfogel, the former chief of the Metropolitan Council on Jewish Poverty, steal more than $7 million from the organization.
The CEO of the Chevra Hatzalah ambulance service resigned amid allegations that he conspired with William Rapfogel, the ex-CEO of the Metropolitan Council on Jewish Poverty, in an insurance scam on the Met Council.
The Metropolitan Council on Jewish Poverty is bringing in New York City’s finance chief, David Frankel, to succeed the fired William Rapfogel as executive director and CEO.
New York City has reportedly suspended all funding to the Metropolitan Council on Jewish Poverty following the firing of its longtime CEO over alleged financial misdeeds.
The New York Jewish communal world reacted with shock this week to news that William Rapfogel, longtime head of the Metropolitan Council on Jewish Poverty and a major player in New York’s Jewish community, had been fired for alleged financial improprieties.
William Rapfogel allegedly inflated insurance bills at the Metropolitan Council on Jewish Poverty he once led to pocket hundreds of thousands of dollars of overcharges for himself.
When the story first broke on Monday about N.Y. anti-poverty and political bigwig William Rapfogel being fired from his longtime post as head of the Metropolitan Council on Jewish Poverty, the exact nature of the allegations were unclear.