Ex-Prison Service Officer Convicted in "Money Cage" Corruption Scandal
Translated & summarized from Maariv by baba
A former Israel Prison Service construction officer, Arkady Shachovitzky, was convicted in the "Money Cage" corruption case for embezzling 350,000 shekels through inflated bids and using public funds for personal projects. His wife, Natalia Shachovitzky, was convicted of tax offenses related to undeclared rental income. The verdict followed a lengthy trial, and seven other defendants were also convicted of bribery and money laundering charges.
The story in 5 lines · by baba
- Former IPS officer Arkady Shachovitzky convicted of embezzling 350,000 shekels.
- Shachovitzky inflated bids and used public funds for personal home construction.
- His wife, Natalia Shachovitzky, convicted of tax offenses for undeclared rental income.
- Seven other defendants convicted of bribery and money laundering charges.
- The verdict followed a lengthy trial with over 300 pages of findings.
A former construction officer in the Israel Prison Service (IPS), Arkady Shachovitzky, has been convicted in the "Money Cage" corruption case for exploiting his position to embezzle hundreds of thousands of shekels. He inflated price quotes and used public funds to finance private construction work at his home. Shachovitzky was found guilty of accepting bribes and theft by a public servant, totaling approximately 350,000 shekels, as well as money laundering offenses. He also faces tax charges for failing to report bribe money, stolen funds, and rental income from multiple properties he and his wife, Natalia Shachovitzky, owned.
Natalia Shachovitzky was convicted of tax offenses related to undeclared rental income. The comprehensive verdict, spanning over 300 pages, followed a lengthy trial involving 25 evidentiary hearings and numerous witnesses. The court partially acquitted Shachovitzky on two charges and rejected his claims of a setup and harassment by IPS officials.
As part of the same investigation, indictments were filed against seven other defendants who were convicted of offenses related to bribery and money laundering. The prosecution was handled by attorney Tobi Harel of the Central District Prosecutor's Office.
