Police want party animal and alleged crypto scammer Moshe Hogeg charged with fraud
Police in Israel have officially recommended that controversial hard-partying entrepreneur Moshe Hogeg and seven unnamed partners be charged with defrauding investors out of nearly $300 million in a crypto scam. As reported by Bloomberg, the potential charges, which include fraud, theft, money laundering, forgery, and tax offenses, follow a two-year investigation during which police seized assets, collected 900 pieces of evidence, and questioned 180 witnesses. It’s alleged that Hogeg and his associates took millions of dollars from Israel i and foreign investors on the understanding that the money would be invested in four crypto start-ups. However, they apparently put the funds to their own personal use. Prosecutors will now decide whether to act on the recommendation. Hogeg’s offices hosted drug-fuelled orgies Hogeg was arrested back in 2021 at the offices of Beitar Jerusalem FC, the soccer club he owned until August 2022. The arrest came six months after two of his em...