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5 ex-Israelis nabbed in U.S. for suspected theft of millions in credit company fraud

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Five former Israel citizens were arrested in the U.S. on the suspicion they defrauded credit card companies out of millions of dollars.

 

Four of the suspects were arrested in New York, and the fifth was detained in Florida.

 

Among the companies allegedly defrauded by the suspects is the Federal National Mortgage Association, also know as Fannie Mae, which is a United States Government sponsored company.

 

 

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