Submitted by Jordie1010 t3_ychcms in nyc
Arleare13 t1_itmblzb wrote
Reply to comment by AbazabaYouMyOnlyFren in Hasidic School to Pay $8 Million After Admitting to Federal Fraud by Jordie1010
It was a plea deal, basically. According to the article and the court papers, they agreed to a deferred prosecution agreement in exchange for admitting wrongdoing, paying back restitution to the government, and paying $8 million in fines. So they didn't give "some" of the money back, they gave back everything that the government intended to prove they stole, plus a fine of over twice that amount. They also agreed to oversight by a federal monitor going forward, which isn't a minor concession.
QCr8onQ t1_ito583o wrote
I understand what you are saying and I understand why the government agreed to it but… I’d still like to see some jail time. I’d also like to see the mill/school shut down.
Arleare13 t1_ito5mel wrote
One person did get prison time, and another got five years probation.
But yeah, I think we all agree there needs to be much more effective oversight of these places if they’re to continue to operate.
PlaneStill6 t1_ito00jl wrote
> paying back restitution
I bet they’re milking Mayor McCop for $8mm in city funding, and they’ll get it.
[deleted] t1_itoxd33 wrote
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[deleted] t1_itmiep2 wrote
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Arleare13 t1_itmioi0 wrote
> How are we expected to believe they will pay any restitution.
They have already paid their restitution. It says that in the third paragraph of the article you didn't read.
66Hanuman99 t1_itndiot wrote
"In all, the school agreed to pay $5 million in fines in addition to the more than $3 million it had already paid in restitution as part of the deal to avoid prosecution."
So, they are just returning 8 million in stolen taxpayer money! and being given a slap on the wrist (again). Yeah there have been many other cases of this from these talmudic schools in the past.
well, this all makes complete sense to me... Merika ~
JerryFartcia t1_itnhyhu wrote
Literally the same thing would happen to you if you lie on your taxes.
You pay it back with penalties.
elizabeth-cooper t1_itmkd6s wrote
> They are fully funded by the government
They are not. You can see below where I wrote what they get funding for. The major expenses of a school are salaries and the school building itself.
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