Israeli billionaire arrested for money laundering in joint investigation with FBI and Sweden

The police arrested an Israeli billionaire and four other suspects, including a senior official in a public company and businessmen, on suspicion of bribery, money laundering, forgery of documents, falsification of corporate documents, fraud and breach of trust.

The FBI and Swiss police were also involved in the investigation.

According to the police, several suspects were interrogated Monday morning, who have worked together systematically with the main suspect in order to produce and present fictitious contracts and transactions, including real estate in a foreign country, for the purpose of money transfers and money laundering.