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News Brief

December 10, 1929
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G. Vigdorovitch and Z. Braude, officials of the Moscow Trucredit, the largest Jewish artisans credit cooperative in the Soviet Union, were sentenced today to two and a half and six months in jail respectively, accused of charging members of Trucredit more interest on loaned raw materials than the law allows.

On the same charge the Trucredit was liquidated by the government last January and its 3,000 members split up among other cooperatives. At the trial of the two officers the court declared that “the Trucredit was established by a well organized nationalistic bourgeoisie Jewish group maintaining close connections with all the religious institutions of the Moscow Kehillah.” This was the basis for the charge that the Trucredit used its funds to assist the Kehillah. Vigdorovitch is the son-in-law of a rabbi.

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