Met Council official steps down

Gabe Friedman

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

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

The Met Council, which offers support for poor New Yorkers, is still recovering from a large 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 chief financial officer Herb Friedman all pled guilty to stealing more than $9 million in 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 for him. Frankel’s replacement has still not been named.