Police arrest Tel Aviv businessman on suspicion of money laundering and fraud

Meir Turjeman|
Police arrested a Tel Aviv resident in his 40s on suspicion of money laundering, fraud, and violating a court order prohibiting him from engaging in real estate activities. Police launched an investigation after receiving several complaints regarding real estate transactions in the city area. The investigation revealed that the person behind these transactions was a businessman previously suspected of similar offenses, who was banned from real estate dealings by the court in 2023. The suspect will be brought tomorrow before the city's Magistrate's Court for a hearing on extending his detention.
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