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From the Liveblog of
Wednesday, August 29, 2018
Dankner ‘surprised’ by court ruling adding years to sentence
Former tycoon Nochi Dankner says he is “surprised and disappointed” by a court decision to extend his jail term to three years behind bars.
The Supreme Court ruled that Dankner, the former IDB Holding Corp’s controlling shareholder, will begin serving his prison term on October 2 for his role in carrying out millions of dollars’ worth of fraudulent transactions in an attempt to influence the share price of the troubled company.
Dankner had been given a two-year prison sentence in 2016.
His lawyer says “we were not expecting this,” Hadashot news reports.
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