Amid investigation, Rabbi Pinto flies to Israel

TRD New York /
Jan.January 14, 2014 06:34 PM

Rabbi Yoshiyahu Pinto, the real estate adviser accused of attempting to bribe an Israeli police officer, is leaving house arrest for Israel this weekend as part of the ongoing investigation.

Pinto, the head of a New York-based nonprofit called Mosdot Shuva Israel and an advisor to several high-profile real estate figures, was arrested after millions of dollars connected to his real estate investments disappeared, as The Real Deal previously reported.

Attorney General Yehuda Weinstein told Haaretz more serious charges could still be brought against Pinto.

Pinto’s nonprofit was under investigation when he allegedly offered a roughly $57,000 bribe to Ephraim Bracha, a senior police officer who is now the commander of Israel’s National Fraud Squad, for information on the case.

Pinto claims that he was a victim of extortion and was instructed to deliver a suitcase full of money to Bracha, as The Real Deal previously reported[Haaretz] — Angela Hunt


Related Articles

arrow_forward_ios
From left: London, Shanghai and Paris

In London, WeWork already reaping rewards of planned Brexit: Global property

In London, WeWork already reaping rewards of planned Brexit: Global property
Real estate firms flocked to Israel in search of cheap debt. Now the market’s turning.

Real estate firms flocked to Israel in search of cheap debt. Now the market’s turning.

Real estate firms flocked to Israel in search of cheap debt. Now the market’s turning.
Aby Rosen opens Tel Aviv hotel

Aby Rosen opens Tel Aviv hotel

Aby Rosen opens Tel Aviv hotel
NEW YORK, NY - NOVEMBER 01:  (L-R) Rotem Rosen, Zina Sapir and Alex Sapir pose circa November 2008 in New York City.  (Photo by Jason Binn/WireImage)

Out with $70M: Rotem Rosen leaves Israeli firm ASRR Capital

Out with $70M: Rotem Rosen leaves Israeli firm ASRR Capital
Israeli debt in NYC: The “flip side” of the Tel Aviv Stock Exchange

Israeli debt in NYC: The “flip side” of the Tel Aviv Stock Exchange

Israeli debt in NYC: The “flip side” of the Tel Aviv Stock Exchange
Rabbi Pinto’s appeal of year-long prison sentence denied

Rabbi Pinto’s appeal of year-long prison sentence denied

Rabbi Pinto’s appeal of year-long prison sentence denied
Rabbi Yoshiyahu Yosef Pinto

Rabbi Pinto admits to bribing Israeli police officer: report

Rabbi Pinto admits to bribing Israeli police officer: report
Rabbi Pinto offered plea bargain

Rabbi Pinto offered plea bargain

Rabbi Pinto offered plea bargain
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...