The Price of Hubris: Why Israel's Former Top Tycoon Is Going to Jail

Judge Khaled Kabub rejected the former tycoon’s defense of his stock market activity point by point, which signals a long prison term is in store.

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Nochi Dankner wanted to remain a big tycoon, even though his IDB group had fallen on hard times. Itay Strum wanted to help Dankner. This meeting of interests led the two to conspire to criminally manipulate...