NEW YORK — An
insurance company owner has admitted to helping a longtime Jewish community
leader steal more than $7 million from a prominent New York City charity has
pleaded guilty to charges
The New York Times says Joseph Ross pleaded guilty Wednesday to
grand larceny, money laundering and tax fraud. His attorney declined to
comment. He faces a maximum sentence of 25 years in prison.
According to a criminal complaint, the scheme spanned two
decades and targeted the Metropolitan New York Council on Jewish Poverty.
Ross's company, Century Coverage, provided services to the group.
The charity's former CEO, William Rapfogel, was arrested in
August on similar charges.
The arrests are the result of an ongoing investigation by
the offices of the state attorney general and state comptroller.
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