The Israel Securities Authority has commenced an investment of businessman Itschak Shrem and the publicly traded company he controls,
Shrem, Fudim, Kelner (TASE:
Shrem allegedly had SFK pay about $500,000 to kill charges filed in Florida by alligator hunters against his privately held company, Shlomy Golovinski of
The privately held company is co-owned by Shrem and his erstwhile partner, Aharon Dovrat,
The ISA suspects that Shrem misused SFK's money to quash a personal suit against him, without receiving permission from the company's assembly of shareholders.