The Kedem company, which is owned by the convicted businessman Tal Yagerman, “operated” in the field of urban renewal for a decade, but as De Marker’s investigation revealed, the company did not deliver a single apartment. What Kedem did do was to raise capital in the amount of tens of thousands of shekels. Already in 2016, some customers began to file complaints against the company and now, all those customers who invested with the company, received hope that they would see their money back.
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The person appointed to liquidate the company is Attorney Erez, who stated: “The alleged conduct of the company and its organization requires the appointment of a person in charge who will investigate and investigate the circumstances of the company’s collapse, in particular regarding the use made of the funds borrowed by the company. I welcome the decision that will allow finding solutions for the hundreds of tenants who contacted Kedem.”