BREAKING NEWS

State indicts Nochi Dankner for securities fraud

JUNE 30, 2014 18:16

Former IDB Chairman Nochi Dankner was indicted by the Tel Aviv Economic Crimes Division on Monday in the Tel Aviv District Court for securities fraud.

Other charges included misrepresentations to shareholders and investors, failure to issue certain reports and illegal use of assets under money-laundering laws.

Dankner, formerly one of the most powerful businessmen in the country, lost control of IDB in January. The indictment addresses alleged crimes committed in February 2012 regarding an over NIS 300 million fraud in conjunction with the issuing of shares by IDB.

Yemen's Houthis say they targeted Andromeda Star British ship in Red Sea

By REUTERS

04/27/2024 12:57 AM

IDF: Mt Hermon targeted by 30 launches, no known casualties

By JERUSALEM POST STAFF

04/26/2024 09:34 PM

Pentagon chief: Iran should question strategy after Israel attack failed

By REUTERS

04/26/2024 08:55 PM

Two expatriate workers killed by drone attack on Iraq's Khor Mor

By REUTERS

04/26/2024 08:52 PM