Breaking Update
Police, Tax Authority Arrest 2 in Money Laundering Probe
Israeli police and Tax Authority arrested 2 suspects in a NIS 8.5 million money laundering and tax evasion probe involving a beverage and tobacco business.
The Economic Enforcement Unit – North Lahav 433, in cooperation with the Tax Authority’s Haifa and North Investigation Officer.
Following an audit by the National Books Management Unit of the Tax Authority, in recent months a covert investigation was conducted by the Haifa and North Investigation Officer of the Income Tax and the North Lahav 433 Unit against 2 suspects for committing serious money laundering offenses, and income tax offenses by managing a business for the sale of alcoholic beverages and tobacco and omitting income in the amount of tens of millions of NIS.
Today, in the early morning hours, the 2 suspects were detained for investigation by Police and income tax investigators. Searches were conducted at their homes and businesses, during which a large amount of property was seized, including, among other things: real estate assets, a large sum of money, and documents, with a total value of seized assets of approximately 8.5 million Shekels.
The suspects will be investigated during the week regarding the offenses attributed to them.
The Israel Police and the Tax Authority work every day to locate offenders who harm the state’s treasury, through money laundering and failure to report income, all in order to increase enforcement, governance, and the rule of law in the State of Israel.
