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Brooklyn woman admits defrauding organization that makes reparations to victims of Nazi persecution

NEW YORK - A former clerk employed at the Conference on Jewish Material Claims Against Germany, Inc. (the “Claims Conference”), pled guilty in Manhattan federal court to conspiring to defraud programs administered by the Claims Conference, and established to aid the survivors of Nazi persecution, out of more than $57 million.  Zlata Blavatnik was arrested and charged in October 2011 as part of an ongoing investigation that has resulted in charges against a total of 31 participants, 10 of whom were former Claims Conference employees, including a former director. 

Blavatnik, 64, of Brooklyn, New York, faces a maximum sentence of 40 years in prison. She is scheduled to be sentenced on October 25