Aggravated sentence of crook Shalom Cooperman

District Court of Tel Aviv received today (Wednesday) the State's appeal and increased the sentence of the investment manager Shalom Cooperman, thus sentenced him to 75 months in prison, the addition of a 18-month suspended prison sentence - the original law.

Most complainants likewise belong to the haredi community, free of economic education, and they gave him full confidence to manage their money, partly due to the age of the community.

In addition, the panel of judges Dvora Berliner, George Kera, and Miriam Sokolov, rejected the appeal of Cooperman the judgment of the Tel Aviv Magistrate's Court, sentenced him 57 months in prison - after convicted him of theft by a licensed, fraud circumstances rigorous, coerced testimony and drawing checks without cover.

Another defendant derived a fine of NIS 85,000, and the amount of compensation complainants NIS 1.346 million.

Cooperman was convicted of 2002-2006 received funds from different customers while he presents himself as an investment manager in the capital market. Cooperman presented them with false representations of secure attachment includes undertaking the restoration fund at the end of the period and maximizing fixed interest rate much higher than the market rate.

In addition, Cooperman didn’t reveal to his clients he was subjected to personal and business debts. This way Cooperman received a total of more than 5 million different complainants, including use for the benefit of business ownership and personal needs.

Cooperman studied various issues in the capital market and even provided an Orthodox Radio corner on this issue. Among other things, the complainants presented a particular program that can supposedly signal the state of the capital market situation. This software is actually a demo and you could not activate it. Software is not used whatsoever and eventually it was used only as an additional tool to glorify his image proficient in the field of trade in shares.

Cooperman case investigation was revealed by the program Kalbotek, after which began an investigation of the ISA, and later indicted.

The court noted in its judgment that "you do not have almost any hardware component that is not embodied in this case. Starting from the sums ... The sums named for appellant's use of funds to breakage difficult to express it ..."

Portfolio managed by Mr. Amit Bachar Securities Department Tel Aviv District Attorney (Taxation and Economics), and investigated by the Department of Investigation, Intelligence and Trade Control Securities Authority.

'בחדרי' גם ברשתות החברתיות - הצטרפו!