Three Israelis and two others given jail terms; extradition requested for remaining suspects in Israel of 'GetFinancial Group'

Former employees of alleged scam call center Yukom Communications taken into custody 4 years after they were indicted by a US grand jury; extradition proceeding begins

Ben-Ari to stand trial for allegedly defrauding investors for 15 years in largest-ever scam in Israel; he previously fled on a false passport after posting NIS 2 million bail

Report by government agency highlights efforts to combat 'increasingly sophisticated' methods of financial crime

Authorities say Yuri Dashevsky is part of an organized gang that from 2015 to 2019 persuaded investors to invest in fictitious financial instruments

Germany requesting extradition of Israeli citizens Pavel Kotler, Yuri Dashevsky, Nimrod Blachman and Chen Malka for multimillion-dollar binary options and crypto fraud

Michael Ben-Ari arrested in April but fled on a false passport after posting NIS 2 million bail; investigators say he fleeced investors for 15 years in largest-ever scam in Israel

People who say they lost large sums to fraudulent trading firms are seeking justice in civil court, though they face webs of shell companies and opaque ownership structures

US Securities and Exchange Commission alleges US-Israeli Ronn Ben Harav and Canadian-Israeli Jonathan Mimun owned and ran binary options websites that stole retirees' savings

On May 11, police in several countries carried out arrests and searches in connection with the allegedly fraudulent websites: Tradorax, Tradervc, Kayafx, Kontofx and Libramarkets