Israel Perry
Photo: Gil Yohanan
Court affirms conviction of man who stole millions from Holocaust survivors
Supreme Court denies Attorney Israel Perry's appeal on 2007 conviction of aggravated fraud, embezzlement of hundreds of millions of Deutsche Marks; reduces sentence to 10 years
The Supreme Court denied Thursday an appeal filed by Attorney Israel Perry, who was convicted of stealing millions from Holocaust survivors, on his conviction.
Perry was convicted of aggravated fraud, embezzlement, obstruction of justice and violation of insurance laws in October of 2007, after a six-year trial. He was sentenced to 12 years in prison and ordered to pay a $5.4 million fine.
Case History
Attorney Israel Perry, convicted of embezzling millions from clients of association he founded ordered to pay fine of NIS 22 million, gets 12-year prison term. Most of victims were Holocaust survivors supposedly represented by Perry in reparation negotiations with Germany
Thursday saw the court reduce his sentence from 12 years to 10.
Perry was found guilty of cheating Holocaust survivors who were represented by the Association for Implementing the Social Security Covenant (AISSC), which he headed, out of hundreds of millions of Deutsche Marks.
In his appeal he claimed that the conviction was not based on any concrete evidence. Perry also claimed that since his clients owed his firm money, the acts of aggravated fraud and embezzlement could not have taken place. Furthermore, since they were in fact financially liable to him, they could not be considered "injured parties."
