Madoff scandal rocks Jewish philanthropic world December 15, 2008 1:03 am Richard Joel is president of Yeshiva University, which is said to be at risk of losing at least $100 million in connection with Bernard Madoff's alleged financial scheme. (Ben Harris) Advertisement NEW YORK (JTA) — The securities fraud of Bernard Madoff has rocked the Jewish nonprofit world — and the worst may be yet to come. Madoff, the founder of Bernard L. Madoff Investment Securities LLC, was arrested Dec. 11 after admitting to his board that a hedge fund he ran was essentially a $50 ...