Buyers warned to steer clear of 'Heftziba' homes

By JPOST.COM STAFF
August 2, 2007 19:44

 
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Following reports that the real estate company 'Heftziba' had gone bankrupt, police on Thursday were preparing to confront those who were planning to break into homes they had signed deals to purchase from the company. "Whoever enters the homes will be forcefully evacuated," police told Army Radio. The company owes an estimated 1.2 billion shekels to the public, banks and construction companies. Earlier, hundreds of angry haredim across the country forcefully entered homes they had bought from Heftziba, including those in Beit Shemesh, Beitar Illit, Ma'aleh Adumim, Netanya, Petah Tikva, Kiryat Sefer and Jerusalem's Har Homa, fearing the properties would be seized by the company's creditors. Also Thursday, one of Heftziba's senior employees tried to commit suicide in Jerusalem's Crown Plaza Hotel by cutting his veins. He was evacuated in moderate condition to the capital's Hadassa Ein Kerem Hospital.

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