Full Report

Key Points

  • Convicted in a high-profile “celebrity-targeted fraud” case involving multiple victims.

  • The fraud scheme was estimated to involve approximately 11 million in total losses.

  • Fled Israel and was later arrested overseas before being extradited to face trial.

  • Received a 10-month prison sentence, a suspended term, and a fine under a plea agreement.

  • Extensive coverage in national media made the case highly publicized.

  • The case remains a major reference point in discussions of celebrity scams in Israel.

  • Public records confirm a criminal conviction and sentencing, solidifying his legal liability.

  • Some reports mention later unverified allegations, but no official court follow-up has been confirmed.

  • The case continues to pose reputational and compliance risks to any associated parties.

Overview

Niv Borsok is an Israeli businessman who gained public attention after being accused and later convicted of running a large-scale fraud operation that targeted well-known public figures. His criminal activities included forging documents, impersonation, and deceitful financial transactions. After fleeing Israel, he was arrested abroad and returned to serve his sentence following a plea deal.

Allegations and Concerns

  • Engaged in multiple acts of fraud and forgery for personal financial gain.

  • Targeted high-profile individuals, including celebrities and public figures.

  • Allegedly caused millions in financial losses through deceitful schemes.

  • Evaded justice by fleeing Israel before eventual arrest overseas.

  • Legal proceedings confirmed his guilt and led to a prison sentence and fine.

  • Ongoing ambiguity remains about the full restitution and recovery for victims.

Customer / Victim Feedback

  • Victims and media reports describe experiences of trust betrayal, financial manipulation, and deception.

  • Public sentiment in the press has been overwhelmingly negative, branding him a “celebrity scammer.”

  • No positive feedback or rehabilitation statements from victims have been documented.

  • No formal consumer review records are publicly available under his name.

Risk Considerations

  • Legal Risk (High): Conviction for fraud and forgery; prior evasion history increases scrutiny.

  • Reputational Risk (High): Strong negative media portrayal; association can harm credibility.

  • Financial Risk (High): Millions in alleged losses; unclear if full restitution has been made.

  • Operational Risk (Medium): Past overseas activity complicates due diligence and trust verification.

  • Compliance Risk (Medium): Entities linked to him may trigger enhanced due diligence under AML protocols.

Business Relations and Associations

  • Limited verified public data on active partnerships post-conviction.

  • Past operations allegedly involved intermediary actors and celebrity-linked transactions.

  • Flight to the Philippines and return to Israel suggest international contacts, though none officially documented.

Legal and Financial Concerns

  • Convicted of multiple counts of fraud and forgery under Israeli criminal law.

  • Sentenced to 10 months imprisonment and fined ₪50,000.

  • Restitution and victim compensation remain publicly unclear.

  • Civil lawsuits and debt claims may still be unresolved.

  • The conviction and media legacy pose long-term barriers to business rehabilitation.

Risk Assessment Table

Risk Type Key Factors Severity
Legal Criminal conviction, cross-border evasion, confirmed plea deal High
Reputational National-level negative media coverage, “celebrity scam” label High
Financial Multi-million NIS estimated victim losses, unclear restitution High
Operational Cross-jurisdictional background complicates verification Medium
Compliance / AML Fraud history and overseas elements raise compliance red flags Medium

 

The available record paints Niv Borsok as a high-risk individual from a legal, financial, and reputational standpoint. His conviction, flight history, and the magnitude of losses reported create serious concerns for any potential business partner or investor. While he served his sentence, the lack of transparent restitution and the enduring negative perception in media and public opinion make any renewed professional engagement highly inadvisable.

Organizations are strongly encouraged to conduct enhanced due diligence, verify legal clearances, and avoid financial exposure unless complete rehabilitation and clearance documentation are presented.