Charged with fraud, two LA Jews abscond to Israel
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Charged with fraud, two LA Jews abscond to Israel

US authorities say men participated in $33 million bank fraud

Illustrative photo of an El Al flight taking off (photo credit: Moshe Shai/Flash90)
Illustrative photo of an El Al flight taking off (photo credit: Moshe Shai/Flash90)

NEW YORK — Two Los Angeles Jews charged with participating in a $33 million bank fraud have fled to Israel.

Aviv Mizrahi, who also goes by Aviv Shoham Schwartz, and Aryeh Greenes, both in their 50s, were charged Jan. 30 in US District Court in Los Angeles with bank fraud and making false statements in loan applications, CBSLA.com reported.

The FBI said the two fled to Israel.

According to the indictment, Mizrahi operated several wholesale electronics companies, including New Electronic Inc. and Tech Club Inc., as well as a retail store known as Star Club.

The two allegedly used fake financial records to obtain credit from multiple banks.

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