Businessman Michael Fine was extradited to the United States over the weekend, where he will stand trial on charges of wire fraud and bank fraud involving approximately 28 million dollars.
According to the U.S. indictment, over a period of several years through 2019, Fine allegedly defrauded banks and federal mortgage financing institutions in the United States, enabling companies he owned to obtain loans totaling about 28 million dollars. The federal investigation into Fine began in 2019 and, in August 2020, a Missouri grand jury indicted him on serious federal fraud charges.
Fine is a U.S. citizen and never acquired Israeli citizenship. However, during the relevant period he lived in Israel and traveled frequently to the United States, where the alleged offenses were…
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