Fisher launched Fiteco Ltd. in New York during the mid-1980s while also becoming involved in the development and building of hotels. He designed pre-assembled bathrooms for luxury homes and hotels.
Failures and frauds
Between November 1995 and February 1997, Fisher was an honorary vice consul of Italy in Beersheba, Israel. According to the testimony before the Senate by Undersecretary of State of the Ministry of Foreign AffairsRino Serri, the scope of Fisher's activities was limited, due to the small size of the Italian community resident in the consular disctrict, and his appointment was terminated following investigations into his businesses by both Israeli and Italian law enforcement. During this time, Fisher was sole director of a construction firm misrepresented as being led by Alan Katz. The firm went bankrupt in 1998. In November 2008, based on an affidavit from Katz and documents obtained from various tax havensaround the world describing Fisher's assets, Fisher was tried before the Italian court for the embezzlement of 70 billion Italian lira and was sentenced to three years in prison. According to Kalmanson & Co., the liquidator's attorney, this represents one of the largest cases of corporate fraud in the history of Israel, and David Fisher still owes his creditors more than US$100 million. In 2008 in New York City, Fisher distributed a biography which said he received an honorary doctorate from "The Prodeo Institute at Columbia University in New York". No such institution exists, however, and Columbia said it had never awarded Fisher an honorary degree. Fisher's New York publicists tried to explain the discrepancy by suggesting that he was given an honorary doctorate by the "Catholic University of Rome", or the "Pre Deo University". There are no institutions going by those names.
Dynamic Tower
Fisher is the founder and chairman of Dynamic Architecture Group, based in London, UK. He is the designer of the proposed rotating Dynamic Tower, his first ever skyscraper design, billed as the world's first building in motion, though the basic concept has numerous precedents, especially the 2001 Suite Vollard in Brazil with independently rotating floors. The intention was to build an 80-storey skyscraper in two locations, Dubai and Moscow. The building featured revolving floors, some of which could have moved on command, providing the building with an ever-changing shape along with a changing view for the residents. The tower earned Fisher the 16th place in Time Magazine's list of Best Inventions of 2008.
