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Ongoing Story· Day 8

Former Executive Extradited From Portugal Suspected of Stealing Millions

2 developments

TheMarkerSecurity

Extradited Man Indicted for Stealing NIS 9 Million

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · 1 newsroom

Eyal Rosen was indicted for allegedly stealing NIS 9 million from Gibui Holdings after being extradited to Israel. As the northern branch manager of the non-bank credit company, he allegedly used his position and client relationships to commit the theft, disguising it as regular credit activity. The indictment was filed in Tel Aviv District Court.

The story in 4 lines · by baba

  • Eyal Rosen was indicted for allegedly stealing NIS 9 million from Gibui Holdings.
  • Rosen was extradited to Israel last week before the indictment was filed.
  • He managed the northern branch of the non-bank credit company.
  • The indictment claims he exploited his position and client relationships for the theft.

Following his extradition to Israel last week, Eyal Rosen was indicted on Thursday in the Tel Aviv District Court for allegedly stealing approximately NIS 9 million from Gibui Holdings, a public company. According to the indictment, Rosen, who managed the non-bank credit company's northern branch, exploited his central and dominant position and personal relationships with clients to commit the theft. He allegedly disguised the stolen funds as routine credit transactions.

The indictment was filed after Rosen was extradited to Israel. The theft involved approximately NIS 9 million.

TheMarkerOther · Tel Aviv

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