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Israel joins anti-money laundering group FATF

Israel has become a full member of the Financial Action Task Force (FATF), making it the 38th member of the global anti-money laundering body. The jurisdiction has ‘worked to meet the requirements’ for full membership, which includes undergoing a successful mutual evaluation. “Since the start of its observership in February… Read More

Diamond smuggling scandal spotlights shadowy Israeli tycoon

AP — A shadowy Israeli billionaire who made his fortune in the insular world of diamonds has suddenly found his empire in jeopardy after close associates were busted in a massive smuggling ring and an employee mysteriously plummeted to her death from his high-rise Tel Aviv… Read More

Israeli firm rejects alleged connection to Khashoggi killing

AP — An Israeli company known for its sophisticated phone surveillance technology on Monday rejected accusations that its snooping software helped lead to the killing of Saudi journalist Jamal Khashoggi. The NSO Group has faced similar claims in the past that its products were used to… Read More

21st November 2018

Israeli police say minister should be charged with fraud

AP — Israeli police on Tuesday recommended charges be brought against the interior minister in a major corruption case. Police spokesman Micky Rosenfeld said there is an “evidentiary basis” that Aryeh Deri committed fraud and breach of trust, as well as millions of shekels in tax offenses and money… Read More

7th November 2018

Billionaire’s son and brother held in Israeli diamond smuggling case

The son and brother of Israeli billionaire diamond magnate Lev Leviev are among suspects arrested in Israel in connection with a diamond smuggling scheme, according to court documents released on Tuesday. The case focuses on Leviev’s company, LLD Diamonds, a leading global manufacturer and marketer of polished diamonds, Police have… Read More

3rd October 2018

Israeli tycoon begins 3-year prison term in securities fraud

AP — One of Israel’s most prominent businessmen has entered prison to begin a three-year term for securities fraud. Former IDB Holding Corp. controlling shareholder Nochi Dankner began his term Tuesday for his role in carrying out millions of dollars’ worth of fraudulent transactions in… Read More

13th August 2018

Israel police question billionaire Arison in Shikun bribery probe

Israeli-American billionaire Shari Arison was questioned by Israeli police on Sunday in connection with an ongoing bribery investigation into the country’s largest construction firm, Shikun & Binui, her company said. Arison’s investment arm Arison Group recently sold control of Shikun & Binui to U.S.-Israeli businessman Naty Saidoff. Arison was summoned… Read More

Interview with Gary Osen of Osen LLC

Tom Devlin interviews Gary Osen, a high profile attorney and expert on the Anti-Terrorism Act. Read More

30th July 2018

Turkey will stand up to U.S. in face of sanctions threat: Erdogan

President Tayyip Erdogan said Turkey will stand its ground after U.S. President Donald Trump threatened to slap sanctions on Ankara if it does not free an American pastor, broadcaster Haberturk reported on Sunday. Relations between the United States and Turkey are on the line in the dispute over pastor Andrew… Read More

30th May 2018

Rights group: Israeli banks help with settlement building

AP — Israeli banks are helping build West Bank settlements in violation of international law by providing financial services to home buyers and local councils, Human Rights Watch said in a new report published Tuesday. The report said that bank activities in or with settlements have helped encourage settlement… Read More

30th May 2018

Chelsea owner Abramovich takes Israeli citizenship: report

Russian billionaire Roman Abramovich, the owner of Chelsea soccer club who has found himself without a visa to Britain, took Israeli citizenship on Monday and will move to Tel Aviv where he has bought a property, an Israeli media report said. Abramovich has been counted as one of the richest… Read More

2nd May 2018

U.S. says Israel’s information on Iran nuclear program ‘compelling’

The White House said on Monday that information released by Israel on Iran’s nuclear program provides “new and compelling details” about Tehran’s efforts to develop “missile-deliverable nuclear weapons.” “These facts are consistent with what the United States has long known: Iran had a robust, clandestine nuclear weapons program that it has… Read More

1st May 2018

Israel says Iran lied on nuclear arms, pressures U.S. to scrap deal

Israeli Prime Minister Benjamin Netanyahu on Monday stepped up pressure on the United States to pull out of a 2015 nuclear deal with Iran, presenting what he called evidence of a secret Iranian nuclear weapons program in a primetime address on Israeli TV. Intelligence experts and diplomats said he did… Read More

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