This Man’s About to Get Elected After a $1 Billion Bank Fraud

The scandal in Moldova redrew the country’s political map and will test again its fragile grip on democracy in a vote this weekend.

Lock
This article is for subscribers only.

Ilan Shor makes an unlikely champion of the poor, even by the colorful standards of former communist Europe.

Last year, the Israel-born businessman was sentenced to seven years and six months in jail for his alleged part in a $1 billion bank fraud in Moldova that cost its taxpayers the equivalent of 12 percent of the economy. He has a Russian pop-star wife -- her stage name is Jasmin -- and a penchant for high-living in places like the Cote d’Azur.