GREENBELT, Md. (AP) — A federal jury in Maryland has begun deliberating in the case against an Israeli woman charged with orchestrating a scheme to defraud tens of thousands of investors out of tens of millions of dollars.

Jurors heard attorneys’ closing arguments Thursday in the trial of 38-year-old Lee Elbaz before deliberations began. Elbaz is charged with three counts of wire fraud and one count of conspiracy to commit wire fraud.

Elbaz was CEO of Israel-based Yukom Communications. Prosecutors said she trained employees to dupe investors through the sale and marketing of financial instruments known as “binary options.”

A defense attorney said Elbaz did not condone the fraudulent tactics used by employees who worked under her supervision.

FBI agents arrested Elbaz in 2017 after she traveled to New York.

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