Suspected financial crimes: 4 board members of Premier League soccer club arrested

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The Lahav 433 unit of the Israel Police arrested four board members of a Premier League soccer club on suspicion of financial crimes in managing the club, involving tens of millions of shekels. According to the suspicion, the offenses were carried out systematically over four league seasons. The investigation revealed suspicions of obtaining something by fraud, false entries in corporate documents, forgery, money laundering, income tax offenses, violations of the National Insurance Law and the Protection of Wages Law, including suspicions of failing to report to tax authorities wages paid to players. As the investigation moved to its overt stage, the suspects were arrested and luxury vehicles and real estate were seized. The unit intends to summon dozens of past and present soccer players of the club for questioning in the coming days.
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