Israeli billionaire Teddy Sagi, escapes attempted assassination in Cyprus

Israeli billionaire Teddy Sagi was saved at the last minute from an assassination plot in Cyprus several days ago, after being warned about the attempt on Sunday.

According to the report, Teddy Sagi was the target of an assassination plot in Cyprus.

A hired killer of Azerbaijani origin was reportedly waiting for the man there. According to Walla News, the assassin holds a Russian passport.

But the Sagi fled the country at the last minute, after receiving a warning of the plot from authorities.

The assassin was arrested in Cyprus days later, after he crossed the Agios Dhometios checkpoint in Nicosia from the Turkish-ruled northern part of the country.

The attempted attack was originally thought to be an Iranian plot to target Israelis, but authorities now believe it was specifically against one wealthy individual, and Iran may not be involved.

Cyprus is home to about 3,500 Jews. It is a particularly popular vacation destination for Israelis, at less than an hour’s flight from Tel Aviv.