Two Los Angeles Jews charged with participating in a $33 million bank fraud have fled to Israel.

Aviv Mizrahi, who also goes by Aviv Shoham Schwartz, and Aryeh Greenes, both in their 50s, were charged Jan. 30 in U.S. District Court in Los Angeles with bank fraud and making false statements in loan applications, CBSLA.com reported.

The FBI said the two fled to Israel.

According to the indictment, Mizrahi operated several wholesale electronics companies, including New Electronic Inc. and Tech Club Inc., as well as a retail store known as Star Club.

The two allegedly used fake financial records to obtain credit from multiple banks.