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Israeli Debtor Jailed for Third Time Over $2.2 Million Debt
Rafael Rubinshtein, a 70-year-old Israeli-American debtor, will be jailed for two weeks for failing to meet his financial obligations, a decision upheld by the Israeli Supreme Court. This is his third imprisonment in 11 years related to his 2.2 million shekel debt.
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What happened
- 01Rafael Rubinshtein will be jailed for two weeks for failing to meet his 2.2 million shekel debt obligations.
- 02The Israeli Supreme Court upheld the jail sentence, marking Rubinshtein's third imprisonment in 11 years.
- 03Rubinshtein previously served ten months in a U.S. federal prison for business-related offenses.
- 04He lost his Savyon villa due to enforcement proceedings and has a history of non-compliance with court orders.
- 05The court determined that jail was the only effective measure to ensure Rubinshtein fulfills his financial duties.
Rubinshtein previously served time in the U.S. and lost his Savyon villa. The court found that imprisonment was the only way to compel him to fulfill his duties after repeated defaults.
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