06 Dec 2018
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 office building.
Lev Leviev, known in Israel as the “king of diamonds,” has enjoyed close ties to Russian President Vladimir Putin and has a reputation for generous philanthropy to Jewish causes.
But now, Israeli police are demanding that he return from Moscow for questioning on allegations of smuggling, money laundering and tax offenses.
It’s a stunning downturn for one of Israel’s most well-known tycoons.
Link to AP.
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