The Holocaust Memorial in Raoul Wallenberg Plaza, by Leonard Baskin:

As a member of a prominent Swedish family, Wallenberg became a partner in a firm with a Hungarian Jewish owner, and obtained various international jobs. While on assignment to a bank in Haifa in the mid-1930s, he met Jews who were fleeing from the early Nazi persecutions. Wallenberg had a distant Jewish ancestor, but his humanitarian commitments seem more universal than that.
In 1944, Wallenberg went to Budapest to try to save Jews from Nazi death camps. He succeeded in saving tens of thousands who were about to be deported, by issuing them certificates that said they were Swedish. For this he has been honored in many places.
At the end of the war, Wallenberg was arrested by the Soviets, and deported to Moscow. His fate was for a long time unknown, the subject of Soviet lies and evasions. The best guess seems to be that he was executed in Russia in 1947. See this article for more details.
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