LA Men Charged In Connection With $33M Bank Fraud
LOS ANGELES (AP) — Two LA men who fled to Israel have been indicted in connection with a $33 million bank fraud.
A federal grand jury on Thursday indicted 53-year-old Aviv Mizrahi and 58-year-old Aryeh Greenes on 34 counts including bank fraud and making false statements in loan applications.
According to the indictment, the men doctored financial records to receive lines of credit, resulting in more than $33 million in losses for banks.
Authorities say Mizrahi was previously charged with bank fraud in 2012 and changed his name to Aviv Shoham Schwartz after fleeing to Israel.
Arrest warrants have been issued for both men.
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