A police fraud squad arrested two Israeli Arab lawyers on suspicion of swindling Egyptian banks out of 18 million shekels. The suspects, one from Baka al-Garabiya and the second from Jat, in the North, represented the banks in recent transactions police said. The banks have long owned rights to a portion of Jerusalem's King David Hotel, and hired the lawyers to claim their portions, worth around 300 million shekels. The suspects filed legal claims, and paid a four-million-shekel court processing fee with a check that later bounced.
(photo credit: The Jerusalem Post)