Former Chairman of Top Israeli Bank Convicted of Fraud

Danny Dankner pleads guilty to reduced charges relating to misconduct during his time at the bank; agrees to pay fine of NIS 1 million, with additional sentencing to come.

Former Bank Hapoalim chairman Danny Dankner was convicted of fraud, corporate breach of trust, reckless misconduct in the management of a bank and two counts of deception on Thursday , after reaching a plea bargain with prosecutors.