Zero Complaints: The story behind the great safe robbery

Why, after the robbery of the safe in the Ruthenium compound, not a single complaint was filed with the police, and will those who purchased insurance necessarily receive a refund?

The burning questions arise - and there is even evidence from within

David Rosenthal

03/01/2022

Monday, 03 January 2022, 17:41 Updated: Tuesday, 04 January 2022, 09:03

• Share on Facebook

• Share on WhatsApp

• Share on Twitter

• Share on Email

• Share on general

• Comments

  Comments

"My safe was broken into in the big robbery, but the last thing I'm going to do is file a complaint with the police. Why? For two reasons - because what will help me file a complaint with the police and mainly because it's a private safe, and I do not want the police to know what's there."

These words are said to us by Dan (pseudonym), one of the dozens of safe holders in the compound of Ruthenium companies that was broken into a few days ago.

Currently, and as far as we know, none of them have approached to file a complaint with the police and the likelihood that this will happen is very low.

why?

Precisely for this reason, Dan prefers not to file a complaint - most of the safe owners are very wealthy people, some of whom have stored, according to estimates, contents with a cumulative value of millions of shekels, some or all of which (we emphasize not all of them) have not been reported to the tax authorities.

More on Walla!

A private safe room in the center of Tel Aviv was broken into, dozens of safes were robbed

To the full article

The ruined compound of Ruthenium.

Why let the police know what's there? (Photo: screenshot, no credit)

More on Walla!

• A private safe room in the center of Tel Aviv was broken into, dozens of safes were robbed

"Even if the tax authority falls on him, the chances of them getting to the safe are very low."

The incident occurred last Thursday at 6 p.m., when the company received a call from a man who claimed he intended to make a deposit of money in one of the safes. At the same place, a group of armed and masked robbers arrived at the building. They tied the security guard and began emptying the contents of the safes in the room, with an area of 500 sq. Footage of the visible part of the money piled up on the floor of the complex, and some of their contents scattered around.

Testimonies of a number of safes, revealed that some contained jewelery worth an estimated hundreds of thousands of dollars vault And some of them are large sums of cash. "An acquaintance of mine, who also had a safe in the compound, stored a quarter of a million shekels in it. "Obviously, if he wanted to report it to the tax authority, he would deposit the money in a bank and not in a safe," adds Dan

.

A lawyer who deals with tax law tells Walla! Money, because this is not the first case in Israel of a safe being broken into, after which no complaint is filed with the police. Even if the tax authority falls on it, the probability that it will reach the same safe is very low. This is a great way to deceive the country.

The problem is that in the case of a robbery, the police very quickly put the tax authority into the picture, so the motivation of those safe holders to complain is very low. You have to understand that even if there was no insurance, the majority was not complaining, because apart from the fact that the probability that the police will return the money to zero, they will eventually have to pay even tax it. "

And in this case, the compound was indeed insured. The insurance held by The Sure insurance agency is run by Zeev Yaffe, who has been insuring Ruthenium for several years.

In a conversation with him, he explains: "The company is the insured in this case and not the safe owners, through the British insurance syndicate Lloyds. The safe owners had two options: either settle for a small insurance amount for each safe or for an additional fee, expand the amount. "What many have done."

A complex case.

Adv. Assaf Warsaw (Photo: PR)

"Despite the existence of insurance coverage, this is a complex case," notes Adv. Assaf Warsaw, co-chair of the Torts Forum at the Bar Association, an expert in insurance law. According to him, Lloyds Corporation will first check, of course, that the insured met all the conditions of protection. If it turns out that no, a problem may well arise.

Also, unlike for example apartment contents insurance, where the burden of proof can be lifted regarding the value of the stolen property, here it is a different situation where the contents are insured according to an agreed value. That is, the calculation of insurance benefits (compensation) after the damage will be made according to the amount agreed in advance between the insurer and the insured regardless of the rate of damage caused. Insurance by "agreed value" is generally accepted, in art and antiquities insurance.

Meanwhile, the hunt for the robbers in the safe complex in Tel Aviv continues and the police are trying to track down the escape route of the robbers.

As part of the investigation and the hunt, a special investigation team was set up, the police use technological means, including cell phone location, and photographs were collected from dozens of security cameras in the area.

.

• Of money

• Insurance

Tags

• safe box

• Internal Revenue Service

• Cash

• jewelry

• Insurance

• robbery