Five arrested for allegedly embezzling tens of millions in government funds intended for war victims

ANI
07 Apr 2025, 14:53 GMT+10

Tel Aviv [Israel], April 7 (ANI/ TPS): Following an investigation by Northern District police and Israel's National Insurance Institute, five suspects were arrested this morning for running a network that fraudulently spent public assistance funds intended for victims of the wars in Gaza and Lebanon. According to the Israel Police, tens of millions of shekels were fraudulently paid out from the public purse during the 'Iron Swords' War in Gaza.

During the war and as part of the economy's coping with the labor market crisis in the north, the state decided on a grant of 3,000 Shekels ( USD 788) per month to be awarded to every evacuee who returned to work and/or to anyone who works full or part-time in a community evacuated due to security concerns who previously came to their workplace for a minimum of 11 days during a work month.

Thousands of cases were discovered in which employees received the grants into their accounts, but in fact did not meet the qualifying criteria, alleged the police.

When the investigation became public, police raided the homes of five suspects (Deir al-Assad, Kisra Sumia, Uzir, Nazareth and Beit Jan) and arrested them.

These individuals are suspected of being involved in spending tens of millions of shekels from the state treasury during the 'Iron Swords' War, when they personally pocketed hundreds of thousands of shekels in commissions from those citizens who were led to believe they would receive the funds in their private accounts. (ANI/ TPS)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.

More Information

null in null

International Business

Section

Asian stocks plunge amid Trump tariffs fallout

Markets across Asia-Pacific opened sharply lower, extending last weeks global sell-off Asian stock markets plunged on Monday, extending...

Amid tariff pressure, 50 bps rate cut by RBI on April 9 can be a good pre-emptive move: Economists

By Nikhil Dedha New Delhi [India], April 7 (ANI): As global markets continue to see a sharp decline, several economists are urging...

EU preparing response to Trump tariffs Reuters

Brussels is set to vote on counter-tariffs next week, with a tentative start date of mid-April, according to the agency The European...

Trump tells Americans it wont be easy

The US president has acknowledged that his economic revolution will require sacrifices US President Donald Trump has warned Americans...

India stocks outlook: After Trump tariffs, focus shifts to RBI monetary policy, Q4 earnings

New Delhi [India], April 6 (ANI): After a volatile week following the Trump administration's announcement of reciprocal tariffs, Indian...

Top Republican warns of midterms bloodbath

Voters will punish the party in power if Donald Trumps tariffs hurt the economy, Senator Ted Cruz has said The Republican Party could...

Mediterranean

Section