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Israeli billionaire Steinmetz detained in intl. fraud, forgery & money laundering probe

August 15th, 2017
Categories: News

Link: https://www.rt.com/news/399621-israeli-billionaire-steinmetz-detained/

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Israeli police detained billionaire Beny Steinmetz and four other men Monday, as part of an international fraud investigation spanning four continents.

The detainees allegedly "acted together and methodically with the prime suspect in order to create and present fictitious contracts and deals... on a foreign country in order to transfer funds and launder money," an Israeli police spokesperson said as cited by Reuters.

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