Suspect throws tens of thousands of shekel bills out of window

August 2, 2023 by Pesach Benson
Read on for article

Israeli Police and Tax Authority investigators in the northern city of Shfar’am were stunned when a suspect in an ongoing financial investigation tried to dispose of evidence by throwing hundreds of bills worth tens of thousands of shekels out the window on Tuesday, Israeli officials disclosed on Wednesday.

Shekel bills thrown out of a window by a suspect in a financial investigation in Shfar’am on Aug. 1, 2023. Photo by Police Spokesperson

Authorities were investigating the owners of a chain of fashion stores for several months over the disappearance of transactions amounting to approximately 11 million shekels ($3 million).

When the authorities arrived at the suspect’s home, he refused to open the door. To the astonishment of the investigators, shekel bills began flying into the yard of the building. They quickly intervened collected the bills, which amounted to about 35,000 shekels ($9,600) in denominations of 100, 200, and 50 shekels.

The operation yielded further evidence of financial misconduct and the concealment of a significant amount of income. Authorities seized a luxury sports car belonging to one of the business owners.

It followed up on a related raid in Shfar’am in which more than 2.5 million shekels ($687,000) in cash was discovered inside a building materials marketing business.

The suspects are expected to be charged with financial fraud and tax evasion.

Speak Your Mind

Comments received without a full name will not be considered
Email addresses are NEVER published! All comments are moderated. J-Wire will publish considered comments by people who provide a real name and email address. Comments that are abusive, rude, defamatory or which contain offensive language will not be published

Got something to say about this?

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from J-Wire

Subscribe now to keep reading and get access to the full archive.

Continue reading