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BizportalSecurity

Court Upholds Murder Conviction, Life Sentence for Developer's Killer

Translated & summarized from Bizportal by baba

BusinessNeutral tone

Hebrew · 2 newsrooms covering

The Supreme Court upheld Daniel Kidar's conviction for murdering real estate developer Eldad Peri, confirming his life sentence. Kidar shot Peri seven times in October 2021 near a synagogue in Rishon LeZion after a failed real estate deal. The court found Kidar acted out of frustration over financial losses from the collapsed project. The conviction and sentence were confirmed by Justice Ofer Groskopf.

The story in 6 lines · by baba

  • The Supreme Court upheld Daniel Kidar's conviction for the murder of real estate developer Eldad Peri.
  • Justice Ofer Groskopf confirmed the mandatory life sentence for Kidar's murder conviction.
  • Kidar murdered Peri in October 2021 near a synagogue in Rishon LeZion.
  • The murder followed a failed real estate deal where Kidar lost NIS 2.2 million.
  • Kidar was required to pay an additional NIS 1.4 million for his apartments.
  • The court found Kidar acted out of frustration and anger over financial losses.

The Supreme Court has rejected an appeal by Daniel Kidar, upholding his conviction for the murder of real estate developer Eldad Peri. Justice Ofer Groskopf ruled that the mandatory life sentence for murder under aggravating circumstances remains in effect.

Kidar murdered Peri in October 2021, shooting him at close range near a synagogue in Rishon LeZion where Peri prayed. Kidar had joined a purchasing group organized by Peri in 2018 to build an apartment complex in Lod. He paid Peri NIS 2.2 million for two apartments, relying on Peri's personal guarantee.

Peri's group collapsed in September 2020 due to alleged debts exceeding NIS 500 million, and Peri himself entered insolvency proceedings. The court determined that Kidar would have to pay an additional NIS 1.4 million to receive his apartments under the group's settlement.

Driven by frustration and anger over the financial losses, Kidar stalked Peri to learn his routine before carrying out the murder. On the morning of the killing, Kidar rode his motorcycle, with a concealed license plate and armed with his personal handgun, to the synagogue Peri frequented. He waited for Peri, then fired seven shots at extremely close range, killing Peri at the scene.

BizportalOther · Tel Aviv

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Mentioned

Full coverage · 2 outlets
First: Bizportal · 7h ago

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