Diamond magnate Steinmetz arrested in money laundering case

Billionaire is prime suspect in scheme involving use of fake documents in real estate deals abroad, police say; four others also raided, including former top banking official By Stuart Winer Israeli businessman Beny Steinmetz on May 17, 2007. (Moshe Shai/FLASH90) The Police National Fraud Unit on Monday detained Israeli diamond mogul Beny Steinmetz and four others…