Met Council official steps down

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NEW YORK (JTA) — The chief financial officer of the Metropolitan Council on Jewish Poverty resigned after two years with the organization.

Melvin Zachter, who had been the social service agency’s CFO since 2012, stepped down in late November, the Forward reported. He is a former partner at the accounting firm Loeb & Tropper

The Met Council is still recovering from a major embezzlement scandal that led to the arrest of its former executive director, William Rapfogel, in September 2013.

Rapfogel, another former executive director, David Cohen, and former CFO Herb Friedman all pleaded guilty to stealing more than $9 million from the charity. In July, Rapfogel was sentenced to 3 1/3 to 10 years in prison.

Zachter’s resignation comes less than four months after the announcement that current Met Council CEO David Frankel will resign as soon as the organization finds a replacement. Frankel’s replacement has not been named.

 

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