Ex-Coach Central to Soccer Club's Multi-Million Shekel Fraud Scheme
Translated & summarized from N12 by baba
Former coach Eliran Hodada is accused of being a central figure in a multi-million shekel fraud scheme at the Ironi Tiberias soccer club, involving fictitious contracts and cash payments to conceal player salaries. Police revealed Hodada admitted to having a dual contract himself. His detention was extended until October 22, along with two club owners and the finance officer, amid concerns of investigation obstruction.
The story in 5 lines · by baba
- Former coach Eliran Hodada is a central suspect in a multi-million shekel fraud case at Ironi Tiberias.
- Police allege Hodada used dual contracts and cash payments to hide player salaries from authorities.
- Player testimonies and Hodada's own admissions implicate him in the scheme.
- Hodada's detention was extended until October 22, along with two club owners and the finance officer.
- The alleged fraud scheme operated systematically over four seasons.
New details have emerged in the ongoing investigation into alleged financial misconduct at the soccer club Ironi Tiberias, with police identifying former coach Eliran Hodada as a central figure. During a hearing to extend his detention, police revealed that Hodada allegedly orchestrated a system of dual contracts to conceal player salaries from budget control authorities and tax agencies.
According to player testimonies presented by investigators, Hodada was not merely a coach but a key player in this scheme, which allegedly operated systematically over four seasons and involved tens of millions of shekels. Police stated that Hodada admitted during questioning to having a dual contract himself, suggesting personal tax offenses in addition to those attributed to the club.
Investigators presented evidence that Hodada was involved in salary negotiations and coordination with the club's management. He allegedly explained to players that their salaries would be split, with part paid through official channels and the remainder transferred through other means, including cash payments.
Hodada's defense attorney argued that his client was an employee, not an authorized signatory, and was not responsible for actual financial transfers. The defense also claimed police lacked evidence of Hodada's authority to sign or make cash payments.
Despite the defense's arguments, the presiding judge extended Hodada's detention until October 22, citing a reasonable suspicion linking him to the alleged offenses and a concern for obstruction of the investigation. The detentions of two club owners and the club's finance officer were also extended.
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