Israeli AI startup founder pleads guilty to $27 million fraud scheme in New York
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Source: The Jerusalem Post
Published: 2026-09-12 23:49 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Fraud & Corruption, Business & Economy, Crime & Justice, Technology
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Snippet:
Israeli citizen Ilit Raz pled guilty to securities fraud charges in the US after she was found to have defrauded investors of around $27 million by misleading them about the core aspects of a company she founded, according to the US Attorney for the Southern District of New York.
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