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Mossad hits London Stock Exchange

Discussion in 'World Affairs' started by metalfalcon, Feb 1, 2009.

  1. metalfalcon

    metalfalcon SENIOR MEMBER

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    He was Just a Former MOSSAD agent, May be he had some Intelligence about people in Stock Exchange who can help him in Organizing his plot.
     
  2. A.Rahman

    A.Rahman ELITE MEMBER

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    Spanish police arrest former Mossad agent in AIM fraud affair
    Abraham Hochman is reported to be among six arrested in connection with the $600 million fraud.
    Uriel Harman28 Jan 09 15:45
    The Spanish police have arrested six people, among them a former Mossad agent, on suspicion of involvement in a €450 million ($600 million) fraud on the London Stock Exchange.

    The "Daily Mail" reports that Abraham Hochman, formerly a Mossad agent, and an Argentinian named Diego Magn Selva are thought to be among the six arrested.

    Article continues after advertisements

    One of the people under arrest is suspected of organizing the fraudulent scheme involving shares in a British company called Langbar International between 2003 and 2005. The company was delisted from London's Alternative Investment Market (AIM) in 2005, when the investigation began. The scheme was to create a bogus company, list it on the London Stock Exchange, use false documents and rumor to inflate the share price, and then sell shares at a profit. The company's market cap was $300 million when it was floated, and reached a peak of $600 million.

    Oren Shimonovich, an Israeli living in London, confirmed to "Globes" details of the reports in the British press.

    Published by Globes [online], Israel business news -