News Briefs
  • 11:04

    Prison for "running" bonds at investment house

    The Tel Aviv District Court has sentenced David Edri and Shai Ben-David, former senior executives of Psagot Investment House, to 54 months and 30 months in prison, respectively, for who were convicted of manipulating the prices of bonds in Psagot's foreign currency accounts in 2007.

    Edri was fined 4.5 million shekels and Ben-David was fined NIS 1.75 million.