Israel Electric Corporation employees suspected of writing off debts for bribes: damage 5 million shekels
Police are investigating a fraudulent scheme involving employees of the Israel Electric Corporation. According to preliminary estimates, the damage amounts to about 5 million shekels. The main suspect has been detained, and the court extended his remand by four days. The company stated it is cooperating with the investigation.
Israeli police are investigating an alleged fraudulent scheme involving several employees of the Israel Electric Corporation ("Hevrat HaHashmal"). According to preliminary estimates, the damage from their actions amounts to about 5 million shekels. Investigators believe that the main suspect acted together with company employees, using access to billing and collection systems to illegally cancel or settle debts of third parties. In return, the scheme's participants received money or other benefits. The investigation was conducted covertly for several months. At the end of last week, police moved to an open phase and detained the main suspect, as well as several other suspects. On Monday, August 10, the court extended the main suspect's detention for the second time—he will remain in custody for another four days to continue the investigation. The police have not yet disclosed the total number of suspects, the identities of company employees, or details of the scheme. The Israel Electric Corporation stated that its security service identified a suspicion of theft, conducted a covert investigation, and transferred all information to the police, cooperating with them throughout.