Advertisement

FOR THE RECORD - Dec. 26, 2008

Share

Madoff investment: An article in Wednesday’s Section A about the financial scandal involving Bernard L. Madoff said that Beit T’Shuvah, a rehabilitation center based in Culver City that serves drug addicts and others, lost $3.6 million in endowment money through Madoff-related investments. Beit T’Shuvah had $3.6 million invested with the Jewish Community Foundation. Of that amount, $200,000 was lost because of the foundation’s investments with Madoff.

Advertisement