According to the report, Globus is suspected of not reporting taxes on income from two companies he owned, one in Israel and one abroad. The alleged transgression dates back eight years ago.
Globus was brought to the Tel Aviv Magistrate’s Court Tuesday night where he was released on NIS two million in bail and is banned from leaving the country until the end of the investigation.
Globus is most famous for his association with Cannon Films Inc., a company he ran with his cousin Menahem Golan.
The cousins bought The Cannon Group production company in 1979 and managed it throughout the 1980s.
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