Victims Appeal Police Closure of Slice Pension Fraud Complaints Citing Investigation Failures
An appeal was filed today against the police decision to close complaints from two victims in the Slice pension fraud case. Lobby 99 submitted the appeal on behalf of the victims, who initially reported their cases to the police in May 2026 but saw their complaints dismissed. In one instance, the police labeled the suspect as an "unknown offender," while in the other, the investigation was transferred to the fraud department after the complaint was first lodged at a local station.
The appeal alleges that the victims were deceived by licensed pension insurance agents and their associates into transferring their pension savings through Slice, ultimately losing their funds. The Capital Market Authority confirmed that an insurance agency had defrauded customers and will pay millions of shekels in penalties. Meanwhile, businessman Tzvika Nave is suing Scaler again, demanding one million shekels and the removal of denials related to the Slice affair.
The Slice case involves a large-scale financial fraud where hundreds of millions of shekels disappeared from about 7,500 savers, including elderly individuals and those denied credit. The company has a special manager, accountant Effi Sandrov, who is pursuing numerous civil lawsuits against those involved in the Tel Aviv District Court. Although suspicions of criminal offenses have emerged, Lobby 99 states that the police have yet to summon victims for testimony despite repeated requests, and dozens of suspects remain uninvestigated and unarrested.
The Capital Market Authority provided information to the police years ago, but the appeal claims no action has been taken. One victim is a 46-year-old man from Elad who lost 310,000 shekels after being convinced to transfer his savings to Slice to obtain an 83,000-shekel loan. The other is a 76-year-old woman from Rosh HaAyin who lost 170,000 shekels and currently has no income after her rented store was damaged in an Iranian missile attack.
The appeal criticizes the police for failing to conduct a comprehensive criminal investigation and for dismissing victims with unacceptable explanations. It references a 2025 Knesset hearing where a national fraud officer admitted the cases had "likely reached a dead end" and that the headquarters had not received specific complaints. The appeal highlights that while suspects continue their lives normally, elderly victims remain without funds to live with dignity. Civil court proceedings have stressed the urgent need to advance the criminal investigation, noting delays harm the civil cases. The police declined to confirm or deny the existence of an investigation into the matter.
