Fallen Israeli business mogul Dankner convicted of stock manipulation

Israeli business magnate Nochi Dankner was convicted Monday for stock manipulation in the latest development in the former IDB chairman’s legal troubles.

Along with Dankner, all defendants in the case were convicted of manipulating the issuing of shares in order to inflate their prices.

In June 2014, Dankner was indicted by the Tel Aviv Economic Crimes Division in the Tel Aviv District Court for securities fraud.

Source: http://www.jpost.com/Israel-News/Fallen-Israeli-business-mogul-Dankner-convicted-of-stock-manipulation-459456

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