14 suspects from the North were arrested on suspicion of money laundering and terror financing totaling hundreds of millions of shekels. In recent months, Lahav 433’s National Bureau for Counter Terror Financing (NBCTF) has been conducting a covert investigation against several currency exchange businesses.
Israel Police arrested 14 suspects from the North for money laundering and terror financing, seizing millions in gold, cash, and frozen assets.
Some of the offenses were committed for Jordanian currency exchange. With the transition to the open phase of the investigation, detectives from the National Fraud Unit, along with Border Police fighters and in cooperation with the Forfeiture Unit of the Custodian General, raided the homes and businesses of 14 suspects, conducted searches, and detained the suspects for investigation at the National Fraud Unit. During the search, gold and jewelry worth approximately eight million shekels were seized, cash in various currencies totaling approximately two million, seven real estate properties, and approximately 22 million shekels frozen in the suspects’ bank accounts. The investigation is ongoing and further investigative actions are expected.
