NY Rabbi Admits To Laundering Conspiracy

Law360, New York (April 8, 2011, 4:10 PM EDT) -- Mordchai Fish, the principal rabbi of Congregation Sheves Achim in Brooklyn, N.Y., admitted Friday in New Jersey to conspiring to launder approximately $900,000 he believed stemmed from criminal proceeds.

Fish, 58, admitted to a conspiracy to launder money before Judge Joel A. Pisano in the U.S. District Court of the District of New Jersey.

Prosecutors say Fish charged a 10 percent fee to a man named Solomon Dwek to launder and conceal Dwek's funds, which were the proceeds of bank fraud, trafficking in counterfeit goods and...
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