Los Angeles Jews Charged with $33M Bank Fraud Flee to Israel
Image by Getty Images
Two Los Angeles Jews charged with participating in a $33 million bank fraud have fled to Israel.
Aviv Mizrahi, who also goes by Aviv Shoham Schwartz, and Aryeh Greenes, both in their 50s, were charged Jan. 30 in U.S. District Court in Los Angeles with bank fraud and making false statements in loan applications, CBSLA.com reported.
The FBI said the two fled to Israel.
According to the indictment, Mizrahi operated several wholesale electronics companies, including New Electronic Inc. and Tech Club Inc., as well as a retail store known as Star Club.
The two allegedly used fake financial records to obtain credit from multiple banks.
This is a moment of great uncertainty. Here’s what you can do about it.
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news this Passover.
This is a moment of great uncertainty for the news media, for the Jewish people, and for our sacred democracy. It is a time of confusion and declining trust in public institutions. An era in which we need humans to report facts, conduct investigations that hold power to account, tell stories that matter and share honest discourse on all that divides us.
With no paywall or subscriptions, the Forward is entirely supported by readers like you. Every dollar you give this Passover is invested in the future of the Forward — and telling the American Jewish story fully and fairly.
The Forward doesn’t rely on funding from institutions like governments or your local Jewish federation. There are thousands of readers like you who give us $18 or $36 or $100 each month or year.
Support our mission to tell the Jewish story fully and fairly.
