תאריך: 18/07/2007, 00:00
Yesterday, Tuesday, August 17, 2007, given the military air force district
A ruling in the case of an officer with the rank of major serving in the array, which ran parallel to the service of business investments in the capital market and use the money for “clients” to acquire wealth for himself (which was a public affair, “arrow Bank affair”).
In the framework of
The plea bargain has admitted officer an amended indictment, which attributes to him a series of offences including dishonestly obtaining severe circumstances, a violation of the income tax Ordinance, running a business without a permit and inappropriate behavior.
As stated in the indictment, which has admitted officer he ran without permits from the IDF and not
The license required by law, the business of investment management from 2001 to 2006.
During those years the officer invested with over 60 different customers for a total of about 6 million. “Customers” were direct commander of the officer, colleagues and underlings. The officer admitted that some of these investor funds while the other took part. He updates the investors that investments carry high profits, such profits were no organizations and, in fact, their investments have accumulated losses.
Out of the sum received by the officer to his hands during the years it ran a business, ל”לקוחותיו
Returned ל”לקוחותיו, which sought to attract the money amount of $ 1.5 million. However, the remainder, about four and a half million NIS, loss, losses in the investment Department and found its way into his own pocket for money מ”הלקוחות” burden acquired the boat officer, garden and car.
According to a plea asked the Court to impose the punishment officer of two years ‘ imprisonment to be served, 10 months ‘ probation, a fine of $ 15000 and to private. It was because the compensation officer will was eligible for release from the army, which were delayed due to the procedure.
The military honored the plea bargain and that it is a serious case and exception, which was over a considerable period, during which the company, reporting to officer colleagues, his subordinates and others, false reporting, a betrayal of trust that can. The officer took money from
Investors to cover private and acquired a yacht, apartment and the car doesn’t roll.
The Tribunal also indicated that the officer never stopped or prevented the resume the offenses when he was aware of the astbachotho, and the systematic deception of investors. They reported false reporting
About generating profits come investment updates about things fully, is that
The business growth and for investment funds.
Translated from Hebrew