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Madoff Scandal Hits Immigration Group
CBS Reports: "Groups that were helping the most, were hurt the most." Millionares, movie stars, and prestigious universities weren't the only ones affected by the Berni Madoff $50 billion Ponzi investment scandal. Dozens of public interest organizations have been hit by the disastrous collapse of Madoff's scheme, including the Heartland Alliance, which runs the National Immigrant Justice Center (NIJC) and lost one-third of its funding. NIJC received a $720,000 grant this year from the JEHT foundation, a New York organization that funded groups working to reform the criminal justice system. However, the Madoff scandal has forced the JEHT foundation to halt all grant making-leaving NIJC without two thirds of the money it was banking on. Read More
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