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Rabbi who ran who ran a private Lakewood school for children with developmental disabilities, NJ, was found guilty of using $200,000 in school funds.
Osher Eisemann, 61, the founder and director of the School for Children with Hidden Intelligence, was found guilty of second-degree charges of money laundering and misconduct by a corporate official following a four-week trial. A jury acquitted Eisemann of charges of first-degree corruption of public resources, second-degree theft by unlawful taking, and second-degree misapplication of entrusted property, officials said. Eisemann was indicted in 2017 on theft, money laundering, corporate misconduct and misuse of government funds charges. The rabbi used $200,000 in school funds in a money laundering scheme designed to make it appear that he used personal funds to repay debts he owed to the School for Children with Hidden Intelligence, the attorney general’s office said. Authorities accused Eisemann of using school funds to invest in a clothing business he was involved with on the side. The money laundering and misconduct by a corporate official carry a sentence of five to 10 years in state prison, officials said. The money laundering and misconduct by a corporate official carry a sentence of five to 10 years in state prison, officials said.