(FOX NEWS) -- Israeli Prime Minister Benjamin Netanyahu was formally charged on a series of corruption cases Thursday, threatening the long-time leader's grip on power.
Attorney General Avichai Mandelblit charged Netanyahu with fraud, breach of trust and accepting bribes in three different scandals. It marks the first time a sitting Israeli prime minister has been charged with a crime.
Mandelblit is set to issue a formal statement at a news conference at 7:30 p.m. local time.
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The charges deal a blow to Netanyahu’s hopes to remain in office, though Netanyahu would not be required to step aside.