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  • NY court orders assets seized from US-Israeli on the run in $150m Ponzi scheme
05 Aug

NY court orders assets seized from US-Israeli on the run in $150m Ponzi scheme

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Michael Ben-Ari arrested in April but fled on a false passport after posting NIS 2 million bail; investigators say he fleeced investors for 15 years in largest-ever scam in Israel

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Category: 
Israel & the Region
Ponzi schemes
binary options fraud
Israel Securities Authority
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