NEW YORK COURT ORDERS SEIZURE OF US-ISRAELI ASSETS ON THE RUN IN $150 MILLION PONZI SCHEME

On 6 August, an article in Editor 99 reported that a federal bankruptcy court in Manhattan had authorised an attorney representing Israel to recover assets from a $ 150 million Ponzi scheme, believed to be the worst such scam ever carried out in the US. The ruling is against Michael Ben-Ari (aka Michel Greenfield), an Israeli-American accused of defrauding hundreds of people in both countries in a 15-year scam.

https://editor99.com/new-york-court-orders-seizure-of-us-israeli-assets-on-the-run-in-150-million-ponzi-scheme/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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