Israel Singer
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Israel Singer Singer
According to a settlement disclosed yesterday, the New York attorney general's office found that the leader of the World Jewish Congress, Israel Singer, violated his fiduciary responsibilities and barred him and a former executive from any financial role in the organization. Mr. Spitzer began his inquiry after Isi Leibler, a former senior official at the congress, complained that an odd series of money transfers totaling $1.2 million from New York to a Swiss account and then to a London account demonstrated lax financial controls and suggested abuse of the organization's money by Mr. Singer. Mr. Herbits and Mr. Singer said that the transfers were part of a failed plan to create a pension system for employees and that the money never left the group's control.