Mike Ben-Ari charged with NIS 550m Ponzi scheme fraud
The suspected fraudster allegedly scammed 960 investors out of NIS 550 million through a pyramid scheme. Mike Ben-Ari who was last week extradited from Bosnia to Israel was today indicted of defrauding NIS 550 million from 960 investors. Ben-Ari was charged with aggravated fraud, forging documents, and money laundering offenses. Together with the indictment, the…
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