US rabbi sentenced for laundering scheme

US rabbi sentenced for laundering scheme
Updated 04 July 2012
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US rabbi sentenced for laundering scheme

US rabbi sentenced for laundering scheme

TRENTON, New Jersey: A New York rabbi has been sentenced to 46 months in prison for his role in a money laundering conspiracy involving religious charities.
Mordchai Fish was among more than 40 people arrested three years ago in a large-scale money laundering and political corruption sting in New Jersey.
The Brooklyn resident admitted last year that he took money he thought was criminal proceeds from a man who later turned out to be a government cooperator. He pleaded guilty to one count of money laundering conspiracy last year.
The US Attorney’s Office says Fish laundered about $900,000 between January 2008 and July 2009 by receiving checks and giving back cash minus a 10 percent commission.
Fish was one of five rabbis arrested for money laundering. All have pleaded guilty.