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Monday, August 12, 2013

MET Council Fires William Rapfogel Amid AG Investigation

 The New York State Attorney General, Eric T. Schneiderman, is investigating allegations of financial malfeasance involving one of the state’s most influential political power brokers, William E. Rapfogel, the NY Times reports.
The Metropolitan Council on Jewish Poverty, headed by Rapfogal since 1992 as chief executive and president, issued a statement announcing Mr. Rapfogel’s immediate termination.

“The board of directors of Met Council recently became aware of specific information regarding financial irregularities and apparent misconduct in connection with the organization’s insurance policies,” the statement read. “The board retained outside counsel to conduct a full investigation.
Based on that investigation, which is ongoing, the board has terminated Mr. Rapfogel, effective immediately, and notified the proper authority.

To date, the investigation has not revealed evidence that any current employees of Met Council engaged in any wrongdoing.
In a statement, Damien LaVera, a spokesman for Mr. Schneiderman, said, “This matter is the subject on an ongoing criminal investigation conducted in conjunction with the Office of the Comptroller as part of Operation Integrity.

People familiar with the matter told The Times that he was informed of the board’s decision last week, when he was on vacation, and that he was not allowed to retrieve most of his personal effects from his office, because all materials were being reviewed by investigators.
“It is very serious,” said one person who has been briefed on the allegations, but spoke on condition of anonymity.

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