Prisoner Convicted of Fraud and Money Laundering While Incarcerated

By דודי גרליץ

Translated & summarized from JDN by baba

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The Tel Aviv District Court convicted Nissim Djaladti of fraud, money laundering, and forgery committed while he was in prison and on license. He was also convicted alongside financial services business owner Yisrael Meged and his company for their roles. Djaladti defrauded an investor of one million shekels, using funds for personal legal deposits and cash withdrawals after forging documents. The judge noted the cynical exploitation of trust and document forgery in the months-long scheme.

The story in 5 lines · by baba

Nissim Djaladti was convicted of fraud and money laundering committed while in prison.
The Tel Aviv District Court also convicted Yisrael Meged and his company Y.P.A. Tnaim Ltd.
Djaladti defrauded an investor of 1 million shekels in 2020.
Funds were used for personal deposits and cash withdrawals after document forgery.
Judge Michal Agmon-Gonen cited cynical exploitation of trust and forgery.

The Tel Aviv District Court has convicted Nissim Djaladti of serious offenses, including aggravated fraud, money laundering, document forgery, and tax offenses. The court also convicted Yisrael Meged, owner of a financial services business, and his company "Y.P.A. Tnaim Ltd.", for their involvement in forgery and money laundering. According to the ruling, Djaladti committed these crimes while serving a lengthy prison sentence and immediately after his release on license. He exploited close friendships and trust relationships formed with another inmate.

In 2020, Djaladti convinced a victim to invest one million shekels for shares in a shell company. The advance payment of 250,000 shekels was used to cover a personal deposit Djaladti was required to make in a prior criminal case, without the investor's knowledge. The remaining 750,000 shekels were transferred to the financial services company, withdrawn in cash, and given to Djaladti after his identification documents were forged.

Judge Michal Agmon-Gonen stated that the fraud spanned several months and involved the cynical exploitation of deep personal trust, document forgery, and concealment of income from the tax authorities. However, the court acquitted Djaladti on some theft charges and an additional charge related to "Excel Solutions" due to reasonable doubt. His defense of "justice from the side" was also rejected.

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