Yisrael Perry 311.
(photo credit: Ariel Jerozolimski)
A seven-justice panel of the Supreme Court on Monday rejected the request of
Yisrael Perry, an attorney convicted of defrauding Holocaust survivors of almost
NIS 1 billion, for a retrial on his theft conviction. As a result Perry will
continue serving out the remainder of his 10-year sentence.
RELATED:Lawyer who defrauded Holocaust survivors to be jailed immediately
“Based on the
existing evidence brought before the district court and before this court in the
subsequent appeal, we can determine that Perry and his organization took over
the property of their clients by fraud and by taking advantage of the trust
placed in them,” ruled newly-retired Supreme Court justice Ayala Procaccia in
the verdict. “They deviated from the agreement with their clients and pocketed
their money with intent to deny their clients of it for good. Their deeds
constitute theft and theft by an agent. In their deeds the appellants harmed
important social values and norms, which the criminal law seeks to
In 2007, Perry was found guilty of stealing 320 million German
marks from tens of thousands of clients of the Organization for the Realization
of the Social Security Treaty, a company established and controlled exclusively
by Perry. Its declared mission was to assist Israelis in receiving compensation
from Germany in the form of public pensions.
After six years in the
courts, Perry was convicted of theft, fraud, obstruction of justice and
withholding vital information from his clients in order to deprive them of their
A year ago Perry petitioned the court to rehear his case, arguing
that it was unique in that, unlike regular theft, where the victims lose money,
his victims actually received large sums of money because all the risk that was
involved was borne entirely by the company.