Group Pleads Guilty In Defrauding Holocaust Reparations Organization Of $57 Million
NEW YORK (CBSNewYork/AP) – Three Brooklyn residents pleaded guilty in federal court for participating in a scheme that defrauded a Holocaust reparations organization of more than $57 million.
Prosecutors said married couple Moysey and Dora Kucher and Genrikh Kolontyrskiy entered the guilty plea on Wednesday for conspiring to defraud programs administered by the Conference on Jewish Material Claims Against Germany.
Court papers say the three conspired to defraud two funds managed by the organization.
They were arrested in 2011 and are among 22 people who have pleaded guilty in the case.
Kolontyrskiy faces up to 40 years in prison and the Kuchers each face up to 20 years in prison when they are sentenced on Aug. 8.
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