Convicted money-launderer Lerner's remand extended

April 6, 2006 10:57

The Tel Aviv District Court extended the remand on Thursday of convicted money-launderer Gregory Lerner until the end of legal proceedings against him. Lerner was flown to Israel on March 30 from Paraguay, where he had been arrested at the request of the Israel Police. The 54-year-old fled the country after he was found guilty in late February of cheating two businessmen out of $1.03 million and then laundering the money. The State Attorney's Office declared that a plea bargain, in which Lerner had confessed to the crimes in return for the state agreeing to drop charges of obstruction of justice, would be annulled. He is expected to be jailed in May.

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