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A businessman, who has previously served a prison sentence, is suspected of creditors' fraud and money laundering offenses Israel today

2022-01-03T11:42:59.534Z


The man is also suspected of insolvency offenses • He was previously convicted of various fraudulent offenses in the case of the collapse of a group of construction companies and running a lengthy prison sentence


A real estate businessman was detained today (Monday) for questioning on suspicion of creditors' fraud, bankruptcy and insolvency offenses, as well as offenses under the Prohibition of Capital Offenses Act. In the past he has run a prison sentence for various fraudulent offenses.

Following an undercover investigation by the National Inquiry Unit of the Bankruptcy Commissioner, a businessman in the real estate field was arrested for questioning on suspicion of creditors' fraud, bankruptcy and insolvency offenses, as well as offenses under the Anti-Money Laundering Law.

Following an undercover investigation by the National Investigations Unit of the Bankruptcy Commissioner, in cooperation with the National Fraud Investigation Unit (IAHA) in Lahav 433, Israel Police, a well-known real estate businessman, who is in bankruptcy proceedings, was detained for questioning this morning. On suspicion of creditors' fraud, bankruptcy and insolvency offenses and money laundering offenses.

The suspect, a 60-year-old resident of the center, was previously convicted of various fraudulent offenses in the case of the collapse of a group of construction companies and running a lengthy prison sentence.

The debts claimed from the suspect in the bankruptcy proceedings in which he finds himself are extremely high and amount to approximately NIS 1.8 billion.

The investigation is being conducted against the suspect and other people involved, family members and relatives.

According to the suspicion, he worked for a long time, with the help of his associates, to hide his income and assets from the creditors during the bankruptcy, among other things, by registering bank accounts and companies under his control in the name of others.

This morning, with the transition to the overt investigation phase, investigators from the National Investigation Unit of the Bankruptcy Commissioner and investigators from the National Fraud Investigation Unit in Blade 433 conducted searches of the suspect's home and the homes of other involved as well as corporate suspect offices.

Many documents and computer materials were seized during the searches.

The suspect and other people involved have been detained and their investigation is expected to continue.

The investigation is accompanied by the Economic Department of the State Attorney's Office.

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Source: israelhayom

All news articles on 2022-01-03

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