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Sunday, May 3, 2026

$400 million lawsuit reveals how Eytan Stibbe scammed his ex ... - CTech

Ami Lustig & Roy Ben Yami, who together with Stibbe founded the LR Group, which operated in the security sector in Angola, claim Stibbe took over the company's assets worth $800 million through “a series of fraudulent acts”

A huge lawsuit filed last week in the Tel Aviv District Court by the former partners of businessman Eytan Stibbe opens a window into a world of alleged fraud and theft, alleging misrepresentations and sophisticated lies, breach of trust and betrayal of friends who fought shoulder to shoulder in the same Air Force squadron. It also reveals other controversial aspects of Stibbe’s business past. Stibbe is known to the general public as the first private Israeli "space tourist", who flew into space last year as part of the "Rakia" mission.

The lawsuit, for an astronomical amount of more than NIS 1.4 billion - more than $400 million (for fee reasons, the amount of the claim was limited to about $140 million), was revealed for the first time by Calcalist.

The indictment describes a random encounter at a social event in February 2020. On the one side is Ami Lustig - one of the trio of former pilots-friends-partners in the LR group, whose other two members are Roy Ben Yami and Eytan Stibbe. On the other side is Haim Taib, Stibbe’s close business partner, especially after the original trio of LR broke up in 2012. "I feel guilty and want to apologize to you for my and Eytan Stibbe’s behavior towards you," Taib shocked Lustig at the meeting.

A conversation...



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