The Manhattan hedge fund embroiled in a corruption scandal involving the New York City correction officers’ union is shutting down its main fund and returning money to investors.
New York – Two Israeli citizens pleaded not guilty on Thursday to orchestrating a massive computer hacking and fraud scheme that included an attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit.
Federal agents arrested a major Orthodox philanthropist on fraud charges Wednesday morning in connection with a sprawling corruption investigation now shaking political circles and the Orthodox community in New York City.
Jona Rechnitz, a donor to Mayor Bill de Blasio who is at the center of a sweeping corruption probe, is the cooperating witness mentioned in a federal bribery case against corrections union chief Norman Seabrook, sources said.
Israel – Israel’s state prosecutor indicted four new immigrants from France on Wednesday for allegedly running a major international scam costing five European companies about 9.1 million euros, or over $10 million.
The central witness against Rabbi Eliezer Berland, the fugitive head of the Shuvu Banim sect who was finally arrested in Johannesburg, South Africa two months ago, has spoken out on shocking details of the sexual abuse case against Berland.
Israel — The scam had all the trappings of a major con. Working from a dingy office building just a short drive from the glittering Mediterranean Sea, eight immigrants from Europe formed an unlikely team that allegedly conspired to dupe major multinational companies out of millions of dollars.
Prime Minister Benjamin Netanyahu received $40,000 in 2001 from Arnaut Mimran, a French tycoon on trial for fraud, a statement by the Prime Minister’s Office on Monday said.
An Israeli man who killed his two children while they were visiting Israel from the United States was sentenced to two life terms in prison on Sunday.
The Justice Ministry confirmed on Sunday night that Attorney-General Avichai Mandelblit has ordered a review of possibly non-reported millions in funds transferred from French billionaire Arno Mimran to Prime Minister Benjamin Netanyahu as part of the 2009 elections.