Hackers steal $7.5 million

 

September 11, 2020



(Washington Jewish Week via JTA) — Federal and international law enforcement agencies are investigating the theft of $7.5 million from the United Jewish Endowment Fund, an arm of The Jewish Federation of Greater Washington, and diverted to international accounts.

The theft was discovered on Aug. 4, but made known to the federation’s board on Wednesday after federal law enforcement lifted a blackout on the information, federation CEO Gil Preuss said.

Preuss said the funds were taken from a single organization’s fund managed by the United Jewish Endowment Fund. The endowment’s donor-advised fund...



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