“A high-powered Brooklyn rabbi, who’s poured thousands of dollars into politicians’ campaign coffers, was busted yesterday on charges of stealing $700,000 in federal funds meant to help a school for Jewish children.

“Milton Balkany, the longtime dean of girls school Bais Yaakov of Brooklyn, used the cash to pay off his credit cards, bankroll family-connected companies and reward other rabbis and Jewish organizations, the feds charge.” (c/o grubness)

Being one of the most well connected Heebs in Brooklyn, a political broker and so-called “king maker,” some suspect this may be some sort of political coup.