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Investigation of Another Board Member Raises Concerns

Attorney Jay Fialkow, a BIDMC Trustee and former chair of planned giving for the hospital, is under regulatory investigation for charges related to his involvement in recruiting investors to an alleged $29 million Ponzi scheme. At least one donor to BIDMC was an alleged victim, raising potential conflict of interest and disclosure concerns. 1199SEIU has asked BIDMC trustees and directors to investigate these concerns and determine whether Fialkow should resign.

April 8, 2010 Union Questions Fialkow Disclosure