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The Good Life of Criminal Suspects Who Flee to Israel

Eddie Abittan, who moved to Israel from France 16 years ago, feels comfortable in his new-ish home. So comfortable, in fact, that when his wife competed in (and won) the reality show “Master Chef Israel,” he showed up with their children, mugged for the cameras, and ran to hug her… Read More

Terrorists Turn to Bitcoin for Funding, and They’re Learning Fast

Hamas, the militant Palestinian group, has been designated a terrorist organization by Western governments and some others and has been locked out of the traditional financial system. But this year its military wing has developed an increasingly sophisticated campaign to raise money using Bitcoin. In the latest version of the… Read More

Mexico says killing of Israelis linked to money laundering

AP — Mexican officials say the shooting death of two Israelis at an upscale shopping mall in Mexico City is likely linked to drug cartels and money laundering. Mexico’s top police official won’t say which cartel may have been involved in the brazen assault, which included a diversionary attack with… Read More

18th July 2019

Army says Gaza-West Bank terror funding network exposed

The IDF said Wednesday it arrested Hamas members linked to a money transfer network that funneled cash from the Gaza Strip to the West Bank for terror purposes. The network was operated by a passport-issuing agency named “Al-Haramain” in the Gaza Strip, the army said. Money was transferred by offsetting… Read More

27th June 2019

Israel seeks Swiss help in overseas tax crackdown

Israel’s finance ministry has sought help from Switzerland in identifying Israelis it believes have undeclared assets at Union Bancaire Privee (UBP) and Bank Julius Baer, Swiss government documents show. UBP said on Wednesday it is cooperating fully with authorities, while the Swiss Federal Tax Administration is seeking contact addresses for… Read More

27th May 2019

Israelis protest proposed Netanyahu immunity bills

AP — Tens of thousands of Israelis gathered in the central city of Tel Aviv Saturday, protesting proposed legislation granting Prime Minister Benjamin Netanyahu immunity from prosecution on a series of corruption charges. The protesters outside the city’s Museum of Art also called for protecting Israel’s democratic identity against government… Read More

27th May 2019

Israeli police recommend bribery charges against Shikun & Binui

Israel’s police and its securities regulator said they had sufficient evidence to proceed with a bribery case against Shikun & Binui, Israel’s largest construction group, its units and senior executives. Police did not name any of the individuals involved and a spokesman for the force was not immediately available to… Read More

23rd May 2019

Netanyahu’s July hearing on possible indictment delayed to October

Israeli Prime Minister Benjamin Netanyahu received on Wednesday a three-month delay, until October, for a hearing to argue against the attorney-general’s plan to indict him on graft charges. Netanyahu’s attorneys had requested a postponement until May 2020 to give them more time to examine the evidence in three corruption cases,… Read More

9th May 2019

U.S. indicts operators of ‘dark web’ drug referral service

U.S. prosecutors have filed money laundering charges against two Israelis who allegedly made millions of dollars operating a website connecting customers to sellers of fentanyl, heroin, guns and other illegal goods, the Justice Department said on Wednesday. It said Tal Prihar, an Israeli living in Brazil, and Michael Phan, an… Read More

27th March 2019

German prosecutors investigating Israel submarine deal

AP — German prosecutors have launched their own investigation into the sale of submarines to Israel, where several former aides to Prime Minister Benjamin Netanyahu and ex-officials already face corruption-related charges. Bochum prosecutors told the dpa news agency Tuesday they had opened the case against persons unknown based upon… Read More

28th February 2019

Israeli attorney-general plans to charge Netanyahu in corruption cases

Israel’s attorney-general announced on Thursday he intends to indict Prime Minister Benjamin Netanyahu on corruption charges, a decision coming just six weeks before a closely contested national election. It was the first time a serving Israeli prime minister has been put on official notice of planned prosecution, and deepened uncertainty… Read More

11th December 2018

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

6th December 2018

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… Read More

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