Event Brief
Sydney court finds Israeli money launderer guilty
Filed: May 07, 2026 at 10:04 PM ET
Summary: A Sydney court found Israeli citizen Shabtay Yaacoby guilty of laundering over $10 million from an investment scam.
WHO: Shabtay Yaacoby
WHAT: Conviction of Shabtay Yaacoby for laundering more than $10 million stolen by investment scammers.
WHEN: May 07, 2026 at 9:54 PM ET
WHERE: Sydney, Australia
WHY: Yaacoby was laundering money stolen by investment scammers.
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