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Hamas’ secret foreign investment portfolio reportedly worth $500m

Hamas has a secret overseas investment portfolio worth more than $500 million, documents seen by a German newspaper have suggested. The investments include interests in about 40 international companies controlled by Hamas in the Middle East and North Africa, Die Welt reported. The newspaper said it saw documents from… Read More

Israel Indicts Likud Lawmaker for Corruption in Seven Cases

Lawmaker David Bitan of Likud was indicted on Monday for accepting bribes, fraud, money laundering and breach of trust in seven affairs, after he announced he would not ask the Knesset to grant him immunity from prosecution. Last month, Attorney General Avichai Mendelblit announced his decision to indict Bitan for… Read More

Foreigners file slew of lawsuits against alleged Israeli investment scammers

A new spate of lawsuits suggests that despite legislation and prosecutions by foreign governments, alleged investment fraud remains a lucrative business in Israel, with local law enforcement doing little to crack down on suspected online scammers. Among the recent lawsuits — filed in Israel by alleged victims from countries including… Read More
29th July 2021
For the first time since entering office, Public Security Minister Omer Bar-Lev visited the headquarters of the police’s Lahav 433 national investigations unit in Lod Wednesday. He was accompanied by Police Commissioner Kobi Shabtai and Deputy Public Security Minister Yoav Segalovitz, who founded the unit. The visit came two weeks… Read More
27th July 2021
The US Treasury Department said that Payoneer, a fintech startup founded by Israeli entrepreneurs, has agreed to pay a fine of some $1.4 million as part of a settlement for more than 2,000 apparent sanctions violations, by processing payments for parties located in Iran, Sudan and Syria among others,… Read More
22nd July 2021
AP — Mexico’s top anti-money laundering investigator said Wednesday that officials from previous administrations from 2012 to 2018 spent about $300 million in government money to purchase spyware from the Israeli spyware firm NSO Group. The bills for programs like the Pegasus spyware appear to have included… Read More
21st July 2021
Israel’s Prime Minister Naftali Bennett urged other nations to join with his country in building an international platform for defusing cyber attacks. A global cyber shield is the best defense against hackers, Bennett, a former cyber security entrepreneur, said Wednesday at a digital security conference in Tel Aviv. “If you… Read More
16th July 2021
Documents submitted to an arbitration procedure in Israel on behalf of Israeli mining magnate Dan Gertler implicate him in paying as much as $360 million in bribes to officials in the Democratic Republic of Congo, going by a request for legal assistance that Britain’s Serious Fraud Office passed to the… Read More
15th July 2021
U.K. prosecutors have told Swiss authorities they have proof of an alleged money-laundering ring spanning from Africa to Europe that paid almost $380 million in cash bribes to authorities in the Democratic Republic of Congo. Companies repeatedly bribed officials to further their business interests in the mineral-rich nation, according to… Read More
15th July 2021
AP — Federal law enforcement officials said Wednesday that they dismantled a key international cocaine and money-laundering hub in an ongoing investigation that began six years ago in Las Vegas and has involved more than 30 other countries. The top federal prosecutor and the FBI chief in… Read More
12th July 2021
Israel’s National Bureau for Counter Terror Financing (NBCTF) last week released information regarding the seizure of cryptocurrencies which had been transferred to the Hamas organization. The report detailed that this was the first time such a wide variety of cryptocurrencies was seized, as the seizure also included cryptocurrencies other than… Read More
8th July 2021
Argentina’s government has launched a process to sanction a number of foreign firms it accuses of illegally drilling for oil in a disputed area near the British-run Falkland Islands, over which the South American country also claims sovereignty. The country’s energy secretary Darío Martínez told reporters on Wednesday it would… Read More
1st July 2021
An Israeli private detective detained in New York since 2019 on charges of involvement in a hacker-for-hire scheme wants a plea deal, according to a letter filed in court by his lawyer. The unusual case has revealed the impacts of a secretive but thriving cyberespionage industry in India. Federal prosecutors… Read More