The son of the late Rebbe is arrested on suspicion of failing to report bank accounts abroad in the amount of NIS 6.3 million | His lawyer claimed: “The purpose of publishing his name – to harm his good name and to harm the community to which he belongs”
The Tel Aviv District Court allowed the publication that the son of the late Rebbe Mocher was arrested about two weeks ago on suspicion of failing to report bank accounts abroad in the amount of NIS 6.3 million.
As reported near his arrest, the Rebbe’s son was arrested as part of a national operation by the Tax Authority to expose bank account holders and assets abroad. He was released earlier this month by the Tel Aviv Magistrate’s Court under restrictive conditions, and a temporary restraining order was issued in his name. Last week, the Tel Aviv District Court rejected an appeal filed by the suspect regarding the publication of his name, and allowed the publication.
The court’s decision states that, according to the appellant, “publishing his name could cause damage to his family members, two of whom are rebbe in an ultra-Orthodox court, which could cause serious damage to the entire community if his name was published.”
The Rebbe’s lawyer argued that he believed “there are no circumstances that justify the publication per se and its purpose is one, to harm the appellant’s good name and also to harm the community to which he belongs.” The court, as stated, did not accept the appeal and allowed his name published.
According to the request for release on bail, submitted by the Central Investigations Assessing Officer, it appears that as part of an exchange of information between countries in accordance with the CRS (Common Reporting Standard) procedure, information was received according to a resident of Bnei Brak, a bank account in Switzerland In account.
Following this, an investigation was opened against him, in the course of which many documents were seized from his home. The request also states that the amount of funds in the account is about 6.3 million, which they allegedly did not report legally.
As part of the national operation to expose bank account holders and assets abroad, conducted by the Investigations Division and the Professional Division of the Authority, dozens of suspects whose names were included in lists of bank account holders received under cross-country information exchange agreements under CRS procedure were exposed. The Tax Authority will continue to be assisted by information obtained as part of the CRS reports for locating and identifying unreported assets abroad by Israeli residents in order to expose tax offenders and collect real tax.