Rabbi’s Nonprofit Plundered Donations

from Haaretz:

‘Miracle’ rabbi’s non-profit plundered charity donations

Managers of Rabbi Nir Ben-Artzi’s charity Talmi Geulat Am Yisrael are suspected of having plundered its donations, listing them as “loans” and then “repaying” them to themselves.

The registrar of association’s initial findings were so grave the non-profit’s license was immediately suspended.

The allegations are listed in a special report completed last week by a new manager, who was appointed to oversee the non-profit by the registrar after suspicions arose of grave misconduct. The police and the state prosecution are seeking further checks before taking their next step.

… A multitude of such “loans” and “returns” had brought the non-profit to bankruptcy. It now has debts of over NIS 2 million.