Israeli Prime Minister Benjamin Netanyahu on Thursday was indicted on charges of fraud, bribery and breach of trust, throwing the country’s political scene into even greater disarray and raising the prospect that its longest-serving leader will be forced out of office.

The indictment, though a possibility for months, marked a stunning fall from grace for a politician accustomed to basking in adoring supporters’ shouts of “Bibi, King of Israel!” — a leader so adroit at sidestepping adversity that one of his nicknames was “the Magician.”