Sources said that Israel Police had opened a criminal investigation against real estate developer Inbal Or, owner of Or City Real Estate, which is currently under a stay of proceedings. Complaints have been made recently that Or sold the same apartments to two different buyers and presented a forged document to Mizrahi Tefahot Bank (TASE:MZTF). Mizrahi-Tefahot today also asserted that Or "had employed tricks to sell an apartment, while misleading the buyer." The bank asserted that Or had signed an agreement to sell an apartment she owned on Reines St. in Givatayim after having already submitted a request for appointment of a temporary receiver. RELATED ARTICLES Inbal Or files petition for protection from creditors Inbal Or agrees to stay of proceedings Inbal Or fires 20% of employees Or was interrogated several times by the Israel Tax Authority on suspicion of tax violations. Published by Globes [online], Israel business news - www.globes-online.com - on April 4, 2016 © Copyright of Globes Publisher Itonut (1983) Ltd. 2016
