Despite media claims, police have not recommended trying Shlomo Eliyahu, the owner of the Eliyahu insurance company and one of the wealthiest people in Israel, on charges of money laundering. A report on Channel 2 Saturday night said that Eliyahu had been under investigation for a year, and that he was being accused of using his personal bank account to deposit millions of shekels of checks without reporting them to the proper authorities.
In a statement Sunday, Eliyahu's attorneys said that no recommendations to charge him had been made, and that he was not involved in money laundering or any other crimes.
In a statement Sunday, Eliyahu's attorneys said that no recommendations to charge him had been made, and that he was not involved in money laundering or any other crimes.