The times of Israel reports, that American-Israeli Michael Ben-Arim a/k/a Michael Greenfeld, accused of running a $150 million Ponzi scheme over 15 years, was extradited from Bosnia early Sunday to undergo trial, over what is believed to be the worst such scam ever carried out in the Jewish state, police and the Israel Securities Authority (ISA) said. He allegedly defrauded about a thousand investors in both countries in a 15-year scam. Hebrew media has dubbed Ben-Ari “the Israeli Madoff.”