Indictments to diamond merchants in the Underground Bank case

Attorney Taxation and Economics Tel Aviv announced 3 major suspects in the underground affair in the Diamond Exchange Bank, also involving Orthodox diamond merchants, the intention to prosecute them - subject to a hearing.

Suspects are Meir Ohana, Menahem Magen and Doron Elad.

In the hearing letters the prosecutor announced to suspects that after reviewing the evidence in the matter, it was found that they committed a criminal offense and that consideration is being given to prosecute them.

Suspects were allowed according to law, to hold a hearing.

Allegations set forth in the letters are the result of an investigation conducted in 2012 by the Lahav 433 - Fraud Squad, a unit of the Israel Diamond taxes, customs duties and VAT investigations Jerusalem and cooperation of the Prohibition of Money Laundering and Financing of Terrorism. Investigation revealed serious criminal activity in huge volume, made using the closed area of the diamond Exchange in Ramat Gan.

Meir Ohana is suspected that he operated providing different currency service. The suspicion, he operated by retrieving foreign investment of different people under the guise of free reporting diamonds import huge volumes of approximately $ 148 million, making serious fraud line.

Also, Meir Ohana is suspected that during this period various diamond merchants issued false invoices at the Diamond Exchange which allowed many diamond merchants to avoid paying tax.

Menachem Magen and Doron Elad are suspected that they operated exchange services for business operators at the Diamond Exchange, predicted to be a diamond trading. Allegedly placed financial assets abroad diamond dealers and other people, less checks and convert currency totaling about $ 350 million, omitting the income arising from this activity, to the tax authorities. Likewise, Magen and Elad operated for the expenditure of false invoices for their diamond customer's worth over $ 300 million.

'בחדרי' גם ברשתות החברתיות - הצטרפו!