Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Bank Leumi sues Meta over scam ads
Lawsuit filed
Bank Leumi filed a lawsuit against Meta in Tel Aviv District Court, seeking NIS 26.6 million. The bank alleges that fraudulent advertisements impersonating it on Facebook and Instagram are used to steal customers' sensitive information and access their accounts. It further claims that Meta's screening and monitoring systems are insufficient to detect and prevent these scams.
Bank Leumi filed a NIS 26.6 million lawsuit against Meta in Tel Aviv District Court, alleging that fraudulent advertisements impersonating the bank on Facebook and Instagram are used to steal customers' sensitive information and access their accounts, and that Meta's screening and monitoring systems are insufficient to detect and prevent the scams.
Source excerpt
Bank Leumi has filed a NIS 26.6 million lawsuit against Meta in Tel Aviv District Court, alleging that fraudulent advertisements impersonating the bank on Facebook and Instagram are being used to steal customers’ sensitive information and access their accounts.
The bank claims Meta’s screening and monitoring systems are insufficient to detect and prevent the scams before they reach users.
The fraudulent advertisements allegedly use Bank Leumi’s name and trademarks without authorization while offering fake promotions, including shopping vouchers and vehicle raffles.
2021
KLP divestment over settlement links
Norway's largest pension fund, KLP, announced divestment from Bank Leumi and other companies named in connection with settlement activity.
2020
United Nations database on settlement-related business
The United Nations listed Bank Leumi in a database of companies involved in services, banking, or financial operations linked to the maintenance or development of Israeli settlements in occupied territories.
2017
Danish pension exclusion over West Bank operations
Sampension barred investment in Bank Leumi, citing the bank's connection to business activity involving Israeli settlements in the West Bank.
2014
U.S. offshore-account tax case
The bank entered a deferred prosecution agreement with the U.S. Department of Justice, acknowledging a conspiracy to conceal assets and income in offshore accounts. The resolution included a reported $270 million penalty and the disclosure of more than 1,500 account holders.
2011
Holocaust-related dormant accounts controversy
A state inquiry examined dormant accounts associated with Jews murdered during the Holocaust. Bank Leumi denied wrongdoing but agreed to pay 130 million new Israeli shekels after the inquiry alleged that a larger amount was held in thousands of dormant accounts and criticized the bank's cooperation.