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Live Terminal
Security · Full coverage

Israeli Tech CEO Admits to Massive Securities Fraud in US

How 7 Israeli newsrooms (in Hebrew, Russian, English) covered this story — translated into English and compared side by side.

Israeli Tech CEO Admits to Massive Securities Fraud in US
100% center
Center 6Unrated 1

First reported by Walla · 7 hours ago

What happened

Elite Raz, former CEO of AI startup Joonko, has admitted to securities fraud in the US, falsely claiming major companies as clients to secure $27 million in funding. The company collapsed after an investor uncovered forged documents and fictitious client orders.

  • 01Former Joonko CEO Elite Raz admits to securities fraud in the US.
  • 02Raz falsely claimed major companies as clients to secure funding.
  • 03The startup raised approximately $27 million from investors.
  • 04An investor's suspicion led to the discovery of forged documents.
  • 05The company collapsed, causing multi-million dollar losses for investors.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story
People
OrganizationsJoonko, Department of Justice
PlacesUnited States, Delaware

Full coverage · 7 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

MaarivCenter · Hebrew57 minutes ago
Israeli Tech CEO Admits to Massive Securities Fraud in US
NEWSru IsraelUnrated · Russian58 minutes ago
Israeli Tech CEO Pleads Guilty to Multi-Million Dollar Securities Fraud in US
YnetnewsCenter · English1 hour ago
Israeli Tech CEO Admits to Defrauding US Investors of $27 Million
YnetCenter · Hebrew1 hour ago
Israeli Tech CEO Admits to Defrauding Investors of $27 Million in US
MakoCenter · Hebrew2 hours ago
Israeli Tech CEO Admits to Defrauding Investors of $27 Million
N12Center · Hebrew2 hours ago
Israeli Tech CEO Admits to Defrauding Investors of $27 Million
WallaCenter · Hebrew7 hours ago
Israeli AI Entrepreneur Admits to $27 Million Investor Fraud

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