Financial Fraud
Found 4 recent publications
Securities Authority Launches Criminal Investigation into Cimed
The Israel Securities Authority has launched a criminal investigation into Cimed Holdings Limited at the request of US authorities. The company is suspected of misappropriating tens of millions of dollars.
Capital Market Authority tightens fight against fraud: demands review of accounts opened in the last two years
The Capital Market Authority is requiring supervised financial service providers to conduct a comprehensive review of their identification systems, including a retrospective examination of accounts opened in the last two years.
Haim Etgar warns of a scam in Israel: "60 million shekels just in the last year"
The investigative journalist shares how searching for good stocks can lead to a scam costing innocent victims tens of millions. Etgar: "The stock falls and the victims lose their shirts."
Slice victims appealed the closure of complaints: "Police failure"
Lobby 99 filed the appeal on behalf of two savers who filed private complaints with the police, claiming they were induced to transfer their money to Slice through deceitful means. Three years after the exposure of the affair in which hundreds of millions of shekels disappeared, Lobby 99 claims that the police are not advancing a criminal investigation despite information in their possession.