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Eight Israelis accused of running a boiler room operation from the Philippines have been released from prison according to documents given to Finance Magnates. Their release comes a week after they were arrested following a raid on a call centre by Filipino authorities.
According to the documents obtained by Finance Magnates, the individuals did not meet the legal requirements that would enable police to arrest someone without a warrant. As a result, the state prosecutor ordered their release.
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The eight Israelis are thought to have ... (read more)