Money Man Behind Olmert Scandal is a Long Islander

This Israeli Press is forbidden by a gag order to name the guy behind the current criminal investigation of Israeli Prime Minister Ehud Olmert. Foreign Press base in the US is not bound by the gag order. The New York Post today, reveals that the Money guy behind the Olmert Scandal is Long Island financier Morris Talansky who runs his business from his home in Woodmere, NY. According to the Post, the reason Talansky gave Olmert tons of cash are still unknown, but he IS singing to the Israeli investigators. Read the full article below:

ISRAEL SCANDAL'S LI LINK REVEALED: BIZMAN WHO MIGHT TOPPLE OLMERT
By KATE SHEEHY SLIDES
MONEY TRAIL:Prime Minister Ehud Olmert, embroiled in a bribery scandal, allegedly received payment from a financier who lives on Long Island.
May 6, 2008 -- A Long Island mogul is at the center of a sensational bribery scandal that could bring down embattled Israeli Prime Minister Ehud Olmert, The Post has learned.

Millionaire financier Morris Talansky - who runs an investment firm out of his tony home in Woodmere - allegedly passed money to Olmert while the politician was mayor of Jerusalem in the '90s, sources said.

In a highly unusual move, Israeli authorities have barred the country's media from publishing Talansky's name - revealed now in The Post - saying it could hamper their investigation. Israeli media has referred only to the involvement of an "American businessman."

Talansky is apparently set to sing to Israeli authorities about his alleged role in the scheme, sources said.

"It looks serious, and it looks like they have a state witness" in Talansky, one source said.

Talansky - a philanthropist and political contributor to everyone from Rudy Giuliani to Bill Clinton - is in Jerusalem, where he has an apartment, preparing to head to a closed-door court hearing as early as today, sources said.

The 75-year-old was earlier questioned about the alleged scheme almost immediately after arriving in the country for Passover, and he implicated Olmert, sources have said.

It was unclear what the alleged payments to Olmert were for, but sources said they involved hefty amounts of cash.

Talansky repeatedly appears - sometimes under the nickname "The Laundry Man" - in the logs of financial dealings kept by Olmert's longtime aide, Shula Zakan, a source said.

Olmert was grilled by investigators Friday. He has vehemently denied any wrongdoing.

The allegations are only the latest in a string of woes for Olmert, who has battled past charges of government corruption and questionable personal business practices.

"But this time seems very serious, and it seems eventually, we don't know if it will be days, weeks or months, in the end, he may not be able to continue to be prime minister," one source said.

A man answering the phone at Talansky's multimillion-dollar mansion in Woodmere yesterday said, "He's not available."

Talansky lists himself as CEO of the Global Resources Group, a self-described financial-investment firm.

Additional reporting by Kieran Crowley