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Staff Report On Thursday, Rabbi Menachem Youlus, the self-described "Jewish Indiana Jones," entered a guilty plea in a Manhattan federal court to defrauding a charity he founded of $862,000.
He faces a maximum sentence of 40 years in prison and will also be required to pay restitution to the victims of his offense, and to forfeit more than $862,000, the proceeds of his crimes. Sentencing is scheduled to occur on June 21.
"Menachem Youlus concocted an elaborate tale of dramatic Torah rescues undertaken by a latter-day movie hero that exploited the profound emotions attached to one of the most painful chapters in world history - the Holocaust - in order to make a profit. Today's guilty plea is a fitting conclusion to his story and he will now be punished for his brazen fraud," wrote Preet Bharara, the U.S. Attorney for the Southern District in New York.
Youlus, a Baltimore resident, who owns a Jewish book store in Wheaton, also ran a charity called "Save A Torah, Inc.
Source: Washington Jewish Week