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Daily Tax Report: International

French-Israeli Man Extradited to France for Tax Fraud Trial

Aug. 28, 2019, 6:33 PM

Israel extradited an Israeli-French man to stand trial for his role in a massive European tax fraud scheme, the justice ministry announced Aug. 28.

France sought Michael Eli Aknin’s extradition, together with Stéphane Alzraa, on suspicion of defrauding the French authorities of 50 million euros ($55.4 million) in unpaid value-added taxes. Aknin was also wanted in connection with a telecom company fraud and criminal bankruptcy scheme, for which he was sentenced in absentia by a French court to 30 months in jail.

Alzraa, another French-Israeli citizen who was extradited in March, was sentenced to nine years in...

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