5.75 million shekels: This is the owner of the company on his way to prison

Avner Elok, owner of Sagiv Technologies Fire Protection Ltd., was sentenced to 44 months in prison after being convicted of using 139 fictitious invoices totaling 5.75 million shekels. The court ruled that he tried to hide behind appointed managers and aggravated his sentence due to his criminal record and failure to repay the funds.

Avner Elok, owner of Sagiv Technologies Fire Protection Ltd., was sentenced to 44 months in actual prison after being convicted of serious tax offenses. According to the verdict, between 2012 and 2015, the company he owned received 139 fictitious invoices from five different companies, included them in reports submitted to the tax authority, and improperly deducted input tax. Elok was convicted, among other things, of 35 counts of improper input tax deduction. The court ruled that Elok tried to obscure his involvement by appointing managers, but they operated under his direction. The verdict mentioned his criminal record, including prior tax convictions, and the fact that he did not repay the funds. He was also given a ten-month suspended sentence and a fine of 100,000 shekels.