Rabbi and Banker Plead Guilty to Tax Evasion

(U.S.) Federal prosecutors secured guilty pleas Friday from a Tel-Aviv based banker and a New York based rabbi for their involvement in a decade-long international tax-evasion scam centered around an Orthodox Jewish sect that defrauded the U.S. government of millions in tax revenue.

Joseph Roth, 66, an account manager for Israel-based United Mizrahi Bank, and Rabbi Moshe Zigelman, 60, admitted to their parts in a scheme in which people made bogus tax-exempt donations to charitable organizations related to Spinka, an Orthodox Jewish sect.

Read more from the Los Angles Times.