Rami Levy Arrested

Renowned Israeli businessman and supermarket magnate Rami Levy was detained by police Sunday, along with the head of a municipality outside of Jerusalem over suspicions of fraud relating to a mall owned by Levi. Read more

FBI Probing If Uber Used Software To Interfere With Rivals

San Francisco – The Federal Bureau of Investigation is probing to see if Uber Technologies Inc had used software to illegally interfere with its competitors, the Wall Street Journal reported on Friday. Read more

Pipe Bombs Found At Indiana Post Office

EAST CHICAGO, Ind. – Authorities in East Chicago, Indiana say two pipe bombs have been found at a post office following a possible explosion. Read more

Arnon Milchan Becomes Suspect In PM Bribery Probe

Israeli billionaire Arnon Milchan was questioned under caution this week on suspicion of giving bribes to Prime Minister Benjamin Netanyahu and his wife Sara Netanyahu, signalling the latest development in what is referred to as Case 1000. Read more

$3 Billion Azerbaijani Money Laundering and Lobbying Scheme Exposed

Azerbaijan was accused of running a 2.5 billion euro ($3 billion) scheme to pay off European politicians, launder money and buy luxury goods, allegations that prompted the government to block an investigative-reporting project’s website. Read more

Former Shayetet 13 Commander Arrested Over ‘Submarine Affair’

Brig. Gen. (res.) Shai Brosh was named Tuesday as the former Shayetet 13 commander who was arrested earlier this week in connection to the “submarine affair” involving crimes suspected by police to have been committed around the purchase of three submarines from the German company ThyssenKrupp – including bribery, fraud, tax evasion and money laundering. Read more

Ex-Senior Netanyahu Official, Former Navy Chief Detained For Questioning

Israel Police detained Prime Minister Benjamin Netanyahu’s former bureau chief, David Sharan, was arrested Sunday on suspicion of accepting bribes in the so-called submarine affair. Read more

SEC Accuses Famous Investment Adviser Louis Navellier Of Fraud

Boston – The U.S. Securities and Exchange Commission sued Navellier & Associates and its founder on Thursday, accusing them of fraudulently misleading clients about the performance track record of investment strategies the adviser offered. Read more

Criminal Probe of Former Bank Execs Worries Other Israeli Bankers

As former executives at Bank Leumi face criminal investigation over the bank’s alleged involvement in helping customers of its U.S. branch evade taxes, two other Israeli banks are looking on uneasily – Bank Hapoalim and Mizrahi Tefahot. Read more