The Tax Authority has reported the discovery of an organized network that operated in the last two years to smuggle luxury watches and jewelry to Israel worth millions of shekels.

The smuggled watches and jewelry were purchased by the main suspect, a resident of Savyon, in a number of countries and smuggled into Israel using couriers and marketed through other suspects to famous clients in Israel, without reporting the transactions to the tax authorities. The six suspects arrested were brought to the Magistrates Court in Rishon Lezion yesterday to extend their detention.