FBI: Two Los Angeles Men Charged in Connection With $33M Bank Fraud

Two Los Angeles men, who authorities say fled to Israel during a federal investigation into their alleged criminal activity, have been charged in connection with a $33 million bank fraud, officials announced Saturday.


(Credit: FBI)

Aviv Mizrahi, 53, and Aryeh Greenes, 58, were charged Thursday in a federal indictment returned by a grand jury in U.S. District Court in Los Angeles, the Federal Bureau of Investigation said in a statement.

The FBI posted photos of Mizrahi on its website.  However, no pictures were available of Greenes.

The 34-count indictment charged Mizrahi and Greenes with bank fraud and making false statements in loan applications, according to the FBI.

Investigators said the men used fake financial records to obtain a $28 million line of credit from United Commercial Bank and a $3 million line of credit from TomatoBank, according to the FBI.

Mizrahi was also accused of using fake records to obtain another $5 million line of credit from Security Pacific Bank.

Greenes and Mizrahi previously lived in the Fairfax District, the FBI said.

Arrest warrants have been issued for both men.

Filed in: Local News, News

Suggest a correction