Israel Baseball League founder faces fraud lawsuit

By
November 20, 2007 23:18

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

The founder of Israel's financially struggling professional baseball league is being sued by a Florida woman who claims he defrauded her of the $275,000 she had invested in his bagel business and instead spent the money for the league and personal expenses. Natalie Blacher claims that she bought stock in SJR Foods Inc. after Lawrence Baras assured her that the company, of which he was president, was financially sound. After repeatedly asking for the company's financial information and being rebuffed, she found that the company was $1.5 million in debt, according to the federal lawsuit. The company was dissolved in May. Messages left for Baras, who is acting as his own lawyer, at the Boston offices of the Israel Baseball League and SJR Foods were not immediately returned. In court documents filed on October 31, Baras denied all of Blacher's allegations.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Jisr az-Zarq
April 3, 2014
Residents of Jisr az-Zarqa beckon Israel Trail hikers to enjoy their town

By SHARON UDASIN