Police reccomend charging Gaydemak with laundering

By JPOST.COM STAFF
March 23, 2006 18:58

Police recommended on Thursday to charge billionaire businessman Arkady Gaydamak with money-laundering. The suspicions of laundering refer to a $50 million bank deposit which was not reported as the law required. A money-laundering conviction carries a maximum sentence of 10 years in prison. The case against Gaydemak was handed over Thursday evening to the Tel Aviv District Attorney's office.


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