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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

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Yedioth Ahronoth


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.