Bermuda CFO arrested in Greece – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password

Bermuda CFO arrested in Greece

A former chief financial officer of a Bermudian-based reinsurance firm accused in a $1.8 million fraud scheme has been apprehended overseas, police announced yesterday.

Yuval Abraham, who worked at Hiscox, was arrested in Athens, Greece.

A police spokesman said: “He is being held in custody pending a hearing on extradition to Bermuda.

“The Bermuda Police Service relies upon and uses international law enforcement partners in cases such as this that have an international component, and would like to recognise their assistance in this matter.”

Mr Abraham faces eight counts of obtaining a money transfer by deception and nine counts of false accounting.

He is also charged with an attempt to obtain a money order by deception and one count of money laundering.

Yuval Abraham

You must be Registered or to post comment or to vote.

Published September 27, 2019 at 9:00 am (Updated September 27, 2019 at 9:14 am)

Bermuda CFO arrested in Greece

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon