Diamond Mogul Beny Steinmetz Arrested By Israel Police
Israeli diamond and mining tycoon Beny Steinmetz and four others were arrested by Israel's Police National Fraud Unit in a money-laundering investigation involving real estate deals abroad, reportedly in Romania.
The men were questioned under caution, meaning they are considered suspects in the case. A court agreed to a police request to extend their custody for further questioning. They were released to house arrest after several days in custody.