BREAKING NEWS

Beit Yair named as company which helped launder money for Abergil crime syndicate

Beit Yair,  a publicly traded construction firm, is the company which police suspect laundered 60 million shekels for Yitzhak Abergils crime syndicate. The information was cleared for publication on Wednesday evening.
On Wednesday, the company's stock took a serious hit, but in a statement they vowed to carry on and continue to service their thousands of customers.
Two of the company's executives, whose names  still cannot be published, were among five suspects arrested in the case along with Abergil.
A detective working the case said Tuesday, "It is a shocking case of organized crime and big business working together."
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