Police Seize Over $275,000 in Suspected Stolen Gold and Cash
Translated & summarized from Panet by baba
Israeli police confiscated gold valued at over one million shekels, suspected to be stolen, and hundreds of thousands of shekels believed to be for money laundering. The seizures occurred during raids on a home and business in the Krayot area near Haifa. Police also found foreign currency and checks during the operation.
The story in 4 lines · by baba
- Police seized over one million shekels in suspected stolen gold in the Krayot area.
- Hundreds of thousands of shekels suspected of money laundering were also confiscated.
- The operation involved raids on a home and a business in Kiryat Yam and Kiryat Bialik.
- Foreign currency and checks were found during the police search.
Israeli police announced the seizure of gold suspected to be stolen, valued at over one million shekels (approximately $275,000), following raids on a home and a business in the Krayot area, near Haifa. Hundreds of thousands of shekels, suspected of being used for money laundering, were also confiscated. Police stated that their forces searched the premises, discovering the gold, along with cash in shekels, euros, and dollars, and checks. The operation took place in the Krayot municipalities of Kiryat Yam and Kiryat Bialik.
