Former Heftsiba CEO suspected of defrauding creditors

Former CEO of construction company Heftsiba Boaz Yona is suspected of hiding income, defrauding creditors, fraud and money laundering.

According to The Jerusalem Post, the businessman was hiding his income, which he owes was transferred to creditors in order to cover debts in the amount of almost 2 billion shekels.

According to Arutz Sheva, a search was carried out in Boaz Yona's house, and the businessman himself was detained for interrogation.
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