Lerner remanded until end of legal proceedings

April 6, 2006 20:37

Gregory Lerner was remanded in custody on Thursday until the end of the legal proceedings against him, police said. Lerner was extradited to Israel from Paraguay last week after fleeing the country following a conviction for fraud in late February. He was found guilty of cheating two businessmen of $1.03 million, then laundering the money by depositing it in bank accounts that he controlled but were registered under the names of his friends. Since Lerner's extradition, police have received dozens of new fraud complaints against him.

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