Israeli Authorities Bust Money-Laundering Ring
Israeli Police and the Tax Authority arrested 14 suspects in northern Israel accused of running a money-laundering operation.
TPS News Agency 04.03.2024
Authorities said the suspects distributed and offset fictitious invoices amounting to approximately 130 million shekels ($36 million). The suspects then laundered the received checks at various financial service providers.
During raids in several towns, investigators seized hundreds of thousands of shekels in cash, five luxury cars, computers, checks, jewelry, invoices, and more.
Did you find this article interesting?