However, Howard Jonas has contributed money to the great bizayon haTorah and michshoilim, YCT and yeshivas Maharat.
Much worse than making money gambling or selling cigarettes.
Then you had those great donors to YU, Madoff and Merkin, who took more money in fees for investment advice from YU than they ever gave. An arrangement that somehow had not been disclosed on the 990 for years although they were interested parties. And we now know what that advice really consisted of.