News Briefs

  Sivan 3, 5772 , 24/05/12

Educational Organization Charged with Fraud

Indictments of aggravated fraud under the Income Tax and Money Laundering Law were filed, Thursday in the Jerusalem District Court against manager Ya'akov Berger of the "V'zot Haberacha Latorah Utzedaka Byrushalayim" organization and against his assistant Yosef Tzadok.

The operation operates two Collels for adult study, the Heichal Avraham yeshiva in Beitar Ilit, two talmud Torah schools and a number of elementary schools and kindergardens. It receives funds from the budgets of the cities of Beitar Ilit and Jerusalem, the Education Ministry and the Welfare Ministry. According to the indictment, the organization filed a false report regarding student enrollment and salaries were at least twice as high as reported to tax authorities. The accused are charged with using different means of hiding the money, resulting in a charge of money laundering.

Other archived news briefs:May 24 2012, 04:19 PM, 5/24/2012