Left a debt of six million - and fled abroad

Orthodox town of Modi'in Illit suffers bites from gamachim alongside businesses whose businesses have failed and left many others with huge debts.

A few weeks before Pesach one of the businesses went bankrupt, but continued to broadcast business as usual until close to Pesach - then fled abroad, after selling the business to a businessman from out of town.

Fugitive owner left a bottomless pit. This is most currency exchange shop owners in town, who fell with debts of hundreds of thousands of shekels, along with some business owners and public figures of his friends and associates - who allegedly took loans for business.

The business he conducted owed large payments to suppliers in the food industry. In addition, escape brought to another escape of an additional business, also losing his fortune to the first. Besides, dozens of customers who bought merchandise - were left without the merchandise, which he promised to deliver.
Before fleeing abroad, the business owner also managed to divorce his second wife.

Careful examination of the B'Chadrei Charedim site indicates that this is a severe case of mismanagement and waste generally. Debts left by now amount to at least 6 million.

There is not the first case in the city. Remember, a few months ago B'Chadrei Charedim reported on a large gemach owner in Brachfeld, who left behind a long trail of debts, after he got in trouble with the gray market and fled abroad.

Hundreds of checks that he recycled are now in billing companies who are trying to reach the execution office, the rabbis of the city tried to address the matter, but the story came to a dead end, and over fifty complaints were filed with the police in this case.

'בחדרי' גם ברשתות החברתיות - הצטרפו!