How We Present
Israel says con men stole millions from global companies
by Daniel Estrin and Erika Kinetz
The Associated Press Translate This Article
7 June 2016
On 7 June 2016 The Associated Press reported:
The scam had all the trappings of a major con. Working from a dingy office building just a short drive from the glittering Mediterranean Sea in the coastal city of Netanya, Israel, eight immigrants from Europe formed an unlikely team that allegedly conspired to dupe major multinational companies out of millions of dollars. Most of them spoke French, the others Italian. They telephoned employees at some of Europe's biggest companies, identified themselves as top executives, and tricked workers into transferring large sums of money to bank accounts in their control, police said. It was a classic 'fake CEO' or 'fake president' scam, a scheme used by various criminals worldwide that has robbed companies of some $1.8 billion in just over two years, according to the FBI. Most of the eight suspects in the latest case are either jailed or under house arrest. But not the man who boasts of creating the scam, which has inspired copycats like these around the globe: French-Israeli con artist Gilbert Chikli. He mysteriously remains a free man, living in luxury in his villa in a seaside Israeli city as French authorities try to bring him to justice over a massive con for which he was previously convicted.
Global Good News service views this news as the failure of modern government and business systems.
Such 'flops' highlight the need for more intelligent, evolutionary, Natural Law based, life-supporting systems.
To read the entire article click here
Global Good News comment:
Maharishi's Vedic Approach can solve the problems reflected in the above article and in all areas of life: agriculture, business, culture, education, government, and world peace. For more information please visit:
Every day Global Good News documents the rise of a better quality of life dawning in the world and highlights the need for introducing Natural Law based—Total
Knowledge based—programmes to bring the support of Nature to every individual, raise the quality of life of every society, and create a lasting state of world peace.
Translation software is not perfect; however if you would like to try it, you can translate this page using: