Holocaust profiteering. (Insider Report).(some groups taking the money that belong to somebody else)(Brief Article)

Michael Kleiner, a member of the Israeli Knesset (legislature), has condemned several prominent Jewish organizations for "rak[ing] into their coffers" an estimated $1 billion in unclaimed Holocaust compensation funds set aside by Swiss banks, reported the January 15th Jerusalem Post. An estimate obtained by Kleiner indicated that only three percent of the $1.25 billion in settlement funds "is likely to be paid to the legal heirs of the assets," observed the Post.

Under the 1998 settlement agreement, the Swiss banks were not required to publish lists of bank account and insurance policyholders purportedly entitled to a share of the money. This arrangement was supported by the World Jewish Congress (WJC) and other organizations. However, Kleiner accuses the WJC and its allies of "a conflict of interests ... since they cut a deal under which all unclaimed moneys would go to them."

"There are heirs, and it is not too late to find them," maintains Kleiner. "If the Jewish organizations had any morals, they would push for the publication of the names, instead of making plans ... to spend the money on projects." The Jewish organizations "have done everything to ensure that the looted funds and Jewish property will end up in their coffers, instead of ...