Michael Fein Extradited from Israel to the U.S. in $28 Million Bank Fraud Case

Businessman Michael Fein, 47, has been extradited from Israel to the United States to face trial on bank fraud charges involving $28 million, the U.S. Attorney’s Office in Missouri said. Fein had been living in Israel with relatives since 2011.

According to the indictment, Fein inflated occupancy and income figures for apartment buildings in order to obtain loans fraudulently. U.S. authorities say the alleged scheme led to the bank fraud charges now pending against him.

If convicted, Fein could face a maximum sentence of 30 years in prison for each of the fraud offenses attributed to him. The case will now proceed in U.S. court after his transfer from Israel.