Daughter-In-law of Israeli Telecom Titan’s Owner Questioned In Securities Fraud Probe

Three more people including the daughter-in-law of Bezeq’s controlling shareholder have been questioned by the Israel Securities Authority in the securities-fraud probe into the telecom company and its Yes subsidiary. Read more

Soros Funding ‘Political War’ Against Me, Arrested Billionaire Steinmetz Tells Court

Israeli billionaire Beny Steinmetz, prominent political consultant Tal Silberstein and four other businessmen were arrested Monday over allegedly using fake contracts to move and launder money. Read more

Bezeq Head, Top Austrian official Among Those Held In Beny Steinmetz Sting

The acting chairman of the Bezeq telecommunications giant and an adviser to Austrian Chancellor Christian Kern were among those detained as part of a large investigation into money laundering allegations that also netted Israeli diamond mogul Beny Steinmetz Monday, according to officials and media reports. Read more

Israeli Tycoon Shaul Elovitch Tells Creditors He May Sell Control of Bezeq Telecoms Giant

Shaul Elovitch is expected to accede to demands from his bank creditors to sell off half of his controlling stake in Bezeq over the next few years, with the aim of helping settle 1.2 billion shekels ($340 million) in debt his Eurocom Group owes. Read more

Communications Ministry Director, Bezeq Heads Embroiled In Massive Fraud Case

Communications Ministry Director-General Shlomo Filber is currently under investigation on suspicions he acted in a fraudulent manner to advance the interests of Israeli telecommunications conglomerate Bezeq. Read more

Senior Communications Ministry official Interrogated In Bezeq Probe

The Israel Securities Authority said Wednesday that Shlomo Filber a senior official at the Communication Ministry had been brought in for interrogation on suspicion of ethics violations and securities fraud. Read more

Trading In Bezeq Group Suspended As ISA Expands Probe

The Israel Securities Authority (ISA) announced today that the investigation into the Bezeq group had been expanded to the deal for provision of satellite communications services between Spacecom Satellite Communications Ltd. (TASE:SCC) and satellite broadcaster Yes. Read more

Israel’s Telecoms Tycoon Barred From Company Offices

Shaul Elovitch, the controlling shareholder of Bezeq, was ordered released by Tel Aviv Magistrates Court on Wednesday but was barred from entering Bezeq’s headquarters and subjected to other conditions, as a wide-ranging Israel Securities Authority investigation marked its second day. Read more

Investigators Raid Bezeq offices In Probe Into Securities Law Violations

The shares of Bezeq, the nation’s largest telecommunications operator, declined in Tel Aviv on Tuesday after investigators raided its offices and pulled in its controlling shareholder for questioning. Read more