Former executive allegedly stole over $8 million from LI Jewish school
David Ostrove embezzled over $8 million from the Schechter Jewish Day School of Long Island
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David Ostrove embezzled over $8 million from the Schechter Jewish Day School of Long Island
A 51-year-old man was indicted for allegedly stealing $8.4 million from a New York private school during the 11-year period when he worked there.Long Island resident David Ostrove, of West Islip, was indicted on charges of first-degree gra…
David Ostrove, 51, stole the money and transferred it to his own personal accounts to fund his own 'lavish lifestyle' during his 11-year tenure at the Schechter School in Long Island, prosecutors said.
David Ostrove, CFO for Schechter School, stole to buy houses, stole more to renovate them, and then made hundreds of thousands of dollars in rental income
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