New York
Jun 5, 2026
David and Michael Shabsels’ summer camp empire files for bankruptcy
Owners of Camp Blue Star, Mohawk Day Camp put over two dozen camps into bankruptcy after raising money in the bond market in Israel
Israeli Bond Market
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New York
Feb 16, 2016
Israeli bond boom continues
US developers have borrowed $2B since 2008
New York
Jun 4, 2026
Summer camp empire stopped making payments shortly after $195M raise in Israeli bond market
NY-based David and Michael Shabsels, owners of Camp Blue Star and Mohawk Day Camp, transferred $34M to themselves and won’t return it