Yoel Goldman’s All Year raises $58M from Israeli investors

Israel’s Advanced Driver Assistance Systems (ADAS) developer Mobileye has raised $37 million from Israeli and foreign investors, according to Israel’s leading financial daily globes.investors include Goldman Sachs, Leumi Partners and Menorah Mivtachim. According to Globes, the financing round has increased the amount of capital raised by the company to $140 million.

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One of the country’s largest landlords accused of "Ponzi scheme-like" scam The Justice Department seeks $267M from defendants while lenders are ready to foreclose The Securities and Exchanges Commission and the Justice Department are alleging that Robert Morgan, one of the largest landlords in the country, ran a "Ponzi scheme-like" scam.

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All Year Holdings, which has raised 2.4 billion shekels in four bond issues, said that in the second quarter the company had inadvertently transferred $3.7 million to an entity controlled by controlling shareholder Yoel Goldman. Goldman returned the money, All Year said, but the affair left investors wondering about corporate governance in the.

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In a civil lawsuit, the US Securities and Exchange Commission claimed that in 2006 Goldman created and marketed a product based around doomed sub-prime mortgages and sold it to investors. in Israel.

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He said the larger Leviathan gas field, slated to start production in a year, would lower electricity rates further. Ram Shefa, one of the organizers of recent protests against rising living costs, said the plan to raise electricity rates meant Israel’s gas production was only benefiting the owners of the gas fields, Noble Energy and Delek Group.

Foreign investments in Israel have nearly tripled since the Jewish state was first targeted for boycott by a coalition of Palestinian groups, indicating that efforts to isolate it are failing. Foreign capital flow to Israeli assets hit a record high of $285.12 billion last year, nearly triple of what this figure was in 2005, bloomberg news reported last week.