A day after surviving an apparent assassination attempt in Ra'anana, Eli Reifman, the CEO of Emblaze Ltd, was sent to jail for 45 days for contempt of court on Monday.
The Supreme Court decided to cancel the postponement of the Tel Aviv District Court sentencing, which was handed down after Reifman failed to obey an order to give his shares in Emblaze to creditors as part of bankruptcy proceedings.
Judge Hanan Meltzer said that Reifman's appeal against the order would be dealt with at a later court hearing.
Reifman had claimed that if sent to prison, he would not be able to transfer his shares to the special manager appointed by the court, and that the transaction is a process that requires time to complete.
Reifman reportedly owes his creditors $60 million.
He also allegedly owes a large amount of money on the black market.
On Sunday night, Reifman was leaving Emblaze's offices when a motorcyclist fired two shots at his the car. Reifman was unharmed, though his vehicle was slightly damaged.
On Thursday, another of his cars was torched, and police said he received threats over the telephone last week.