BREAKING NEWS

Court releases name of Jerusalem lawyer held for stealing millions from clients

OCTOBER 5, 2014 13:58

The Jerusalem Magistrate's Court on Sunday cleared for publication the name of Attorney Yaakov Fink, in custody for bilking millions of shekels from his clients over several years.

The court also ordered Fink kept in custody until October 19.

Fink, a veteran Jerusalem attorney specializing mainly in real estate law, turned himself in to fraud investigators in the capitol two weeks ago, after reaching a deal with prosecutors by which he will serve five years incarceration and be required to pay back his victims.

It is estimated that he stole some NIS 14 million from his clients. The prosecution maintains the right to cancel the deal if it emerges that he took more than that sum.

The court also ordered the Israel Prison Service to take measures to avoid the possibility that Fink is imprisoned in a facility where any of his victims are located.

The profile of his namesake law firm says that over the years they have handled the legal affairs for thousands of apartment owners in Jerusalem, mainly in municipal tax disputes with the city of Jerusalem. In addition, they also represented Mekorot water company, the Postal Authority, The Israel Electric Corporation, the Jewish National Fund, and others.

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