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Security11:54 · Jul 20

Israeli Police Uncover Prison-Run Illegal Gambling and Extortion Ring with 10 Indicted

Kikar HaShabbatReligious
Translated & summarized from Kikar HaShabbat by baba
The story · English

Israeli investigators from Lahav 433 have dismantled a criminal gang operating in Migdal HaEmek and northern Israel, led by an inmate who managed an illegal gambling and extortion network from inside prison. The prisoner coordinated the gang's activities using a public phone within the prison, overseeing loan sharking operations with interest rates as high as 120% annually. The gang extorted over 10 million shekels from gamblers. Money laundering was conducted through accounts of front men, cash withdrawals, and cryptocurrency transactions. Authorities have filed indictments against 10 gang members on charges including extortion, assault, money laundering, and illegal gambling.

Read the original at Kikar HaShabbat
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