FBI seeking Aviv Mizrahi, along with his co-defendant, Aryeh Greenes, for their involvement in defrauding financial institutions of $33 million in California from February 2004 to June 2008.
According to FBI, Aviv Mizrahi operated and controlled several electronic wholesaling businesses which he allegedly held millions of dollars in receivables and assets. Financial institutions entered into loan agreements with his firms because those companies granted a security interest in their inventory and accounts receivables. Aviv Mizrahi and Aryeh Greenes are allegedly submitted fraudulent documents to lending institutions to obtain or increase loans, including tax returns, accounts receivable summaries, borrowing base certificates and financial statements.
He allegedly made false statements to get loans or increase existing loans for his firms, including displaying increased company sales, assets and accounts receivable information which he knew was significantly less than the amounts he represented on documents submitted to the financial institutions. Most of the purported inventory and accounts receivables of Mizrahi’s firms did not exist, and some of the creditors were non-existent. The companies inventory was auctioned off, but the proceeds only resolved or repaid a small amount of the loans.
A federal arrest warrant was issued for Aviv Mizrahi in the United States District Court, Central District of California, on May 15, 2012, after he was charged with bank fraud, false statements to a federally insured financial institution, and aiding and abetting and causing an act to be done.
Aviv Mizrahi is about 55-60-years old, White with brown (graying) hair and brown eyes. He is 5’9″ height and weighs about 170 pounds. Languages: English, Hebrew.
Aviv Mizrahi has dual citizenship in Israel and the United States. He may travel to Mexico or Israel.