Tag Archives: ponzi scheme

Europe’s Low Birthrate

On Dennis Prager’s radio show today, Dutch novelist and essayist Leon DeWinter accounted for Europe’s tendency towards pacifism as largely due to its low birthrate. When you only have one son, you’re very reluctant to send him off to war. … Continue reading

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Keeping The Shalhevet Dream Alive

Here’s an email making its way around the Los Angeles Orthodox community regarding Shalhevet. A source says: “The Ponzi scheme known as Jewish education has begun to collapse under its own weight. Costs have spiraled and even financially successful families … Continue reading

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Ponzi Schemes?

Jacob M. Schwartz ([email protected]) emails: The LMV (L— Mafia Victims) Community is a non-profit organization whose mission is to help people affected by the L— Mafia from Los Angeles, enhance their economical health and well-being through participation in a professional … Continue reading

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Australian Businessman Accused of Fraud Flees Home

The JTA reports:   SYDNEY, Australia (JTA) — A Jewish businessman accused of defrauding investors of $1.7 billion reportedly has left his home in Sydney fearing for his safety. South African-born Barry Tannenbaum has “relocated to what he perceives to be … Continue reading

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Where Did Madoff’s $50 Billion Go?

Perplexed emails: "Luke, Where do you think the $50 billion went? Did he invest it in the market and lose it all? I understand the scam, but where did the money go? No one seems to be saying anything on … Continue reading

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Jewish Philanthropy Devasted By Bernie Madoff

From the Jerusalem Post: At least $600 million in Jewish charitable funds have been wiped out by the collapse of Bernard Madoff’s Wall Street investment firm, a partial review by The Jerusalem Post revealed Monday. Yet much is still hidden … Continue reading

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The Jewish Community Foundation Of Los Angeles Victimized By Bernard Madoff Ponzi Scheme

Bernard Madoff has taken many charities for a ride, including the Jewish Federation in Los Angeles. Cathy Siegel Weiss and Marvin I. Schotland write Dec. 13 to their  Jewish Community Foundation [Los Angeles] board of trustees: It has come to … Continue reading

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Shame

Because it is closer-knit and more insular, the sense of shame increases in Judaism as you become more religious. In Orthodox Judaism, it is rare to have close friendships with Jews who aren’t Orthodox, let alone non-Jews. I remember when … Continue reading

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