Owner of Israeli soccer club arrested for tax scam in stadiums

IANS  |  Jerusalem 

Abramov, owner of an club and a local restaurant chain, has recently been arrested on suspicion of a huge tax fraud at stadiums.

An investigation conducted by a special unit of the Police revealed that won tenders for managing buffets in stadiums, but transferred them to major criminals, reports reported today.

According to the police and Israeli Tax Authority, these criminals earned millions of new shekels in the buffets but did not report them (1 new shekel is about 0.27 U.S. dollars).

These buffets are in Teddy in and in a arena located next to it. A third buffet involved is in the in the city of in

Similar suspicions were also raised regarding the buffets at Sammy Ofer in the northern city of Haifa, but this tender had been won by another person.

Abramov, who is currently in house arrest, is suspected of conspiring to commit a crime, tax offenses and money laundering.

Abramov, aged 39, owns "Japanika" Asian food chain, with 33 restaurants throughout

Two years ago, he bought "Bnei Yehuda Tel Aviv" team, which finished last season in sixth place in the

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 13 2018. 14:32 IST