BREAKING NEWS

18 months for attorney who embezzled NIS 1.8 million

JULY 18, 2011 15:41

The Tel Aviv Magistrates Court sentenced attorney Ron Naim Monday to 18 months' imprisonment for stealing NIS 1.8 million from his former client, a subsidiary of Koor Industries Ltd.

The court also ordered Naim to pay a fine of NIS 20,000 and a further NIS 50,000 in compensation to the plaintiff.

According to the charge sheet, in 2000 Naim had represented Solkoor, a subsidiary of holding company Koor Industries Ltd, in a case in the Tel Aviv District Court against the Brahms Group and Meir Goldman.

At the end of the legal proceedings, the Brahms Group and Goldman were ordered to pay Solkoor an sum of over NIS 2 million.

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