Financial Crimes

Police bust 500M shekel fraud ring

Police and the Israel Tax Authority have revealed details of a major joint investigation, dubbed 'Proof of Payment,' into an international financial crime network.

Loss of hundreds of millions

'Largest financial fraud in Israeli history'

The authorized trustee appointed for the collapsed pension fund company Slice, CPA Effi Sandrov, filed a lawsuit today for approximately one billion shekels alleging fraud.

Avigdor Liberman visits former colleague in prison

Faina Kirschenbaum is serving a 10-year sentence for bribery, money-laundering, & tax-related offenses.

Mea She'arim business owners arrested for concealing income

Father-son owners of Jerusalem minimarket chain arrested for selling on black market. Used diaper found in home contained 7,000 shekels.