Home News Yaron Shalem Celsius CFO Arrested: Why was Yaron Shalem Celsius CFO Arrested?...

Yaron Shalem Celsius CFO Arrested: Why was Yaron Shalem Celsius CFO Arrested? Explored


Yaron Shalem Celsius CFO Arrested: Why was Yaron Shalem Celsius CFO Arrested? Explored: The Chief Financial Officer at Celsius, Yaron Shalem is presently rumored to have been apprehended for fraud. Yaron is the ex CFO of venture capital company Singulariteam Ltd. The firm was headed by blockchain business Moshe Hogeg. Hogeg and his partners were blamed for alleged involvement in many scams. Chinese Investor Zhewen Hu lodged a lawsuit but the name of Shalem was taken down as a defendant asserting he bore no personal responsibility for the action of the firm. Though rumors of the arrest of Shalem appeared online after several Twitter users posted the claims on their social media handles. Follow More Update OnĀ GetIndiaNews.com

Yaron Shalem Celsius CFO Arrested

Yaron Shalem Celsius CFO Arrested

Yaron Shalem, CFO of Celsius Network has been apprehended for fraud in Israel. He was apprehended over fraud accusation with connection to the Moshe Hogeg case. Whilst official reports have yet to confirm he apprehend, several Twitter accounts have posted the claims. Celsius Network is a “cryptocurrency bank” which is presently valued at $3 billion. The firm is yet again under scrutiny after the arrest of its CFO Yaron Shalem.

As per the reports, Celsius is a “sort of cryptocurrency bank” as its deposits can be loaned out, collecting their original holders 5-12% annual interest. Many have asserted that it is operating a kind of Ponzi scheme due to the large interest rate.

Yaron Shalem Net Worth

The net worth of Yaron Shalem is presently under review. He is the CFO of Celsius Network which is valued at $3 billion. Certainly, his salary earnings are worth millions as he is one of the high-ranked officials in the firm. As for now, we do not have the exact figure of his actual net worth.

He is also not featured on Wikipedia as of now. Though he is presently trending on social media after he apprehends rumors and several people have shared the news on social media platforms. His short bio is available on his LinkedIn profile.

Yaron Shalem Wife And Family

The details of Yaron Shalem’s wife are not available. Likewise, we also do not have any information regarding his family. He has not shared his personal information including his family and wife.

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Pallavi Ghosh has covered politics and Parliament for 15 years, and has reported extensively on Congress, UPA-I and UPA-II, and has now included the Finance Ministry and Niti Aayog in her reportage. She tweets at @alishach03


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