Los Angeles Jews Charged with $33M Bank Fraud Flee to Israel
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.
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse..
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
— Rachel Fishman Feddersen, Publisher and CEO