Breaking Update
Multi-Million Dollar Money Laundering Operation Uncovered in Arab Town
Four arrested in Kafr Qara, Israel for suspected $16 million money laundering operation. Police seized 7 million Shekels and three vehicles from a bankrupt.
Jerusalem, 18 February, 2026 (TPS-IL) — On Wednesday, four people from Kafr Qara, an Arab town near Haifa, were arrested on suspicion of running a money laundering pipeline for a criminal organization in the scope of approximately 50 million Shekels ($16 million).
The four are suspected of running the operation out of a bankrupt block factory in Kafr Qara.
During a search of the factory, live checks totaling Seven million Shekels ($2.25 million), $50,000 and three vehicles were seized.
