Israeli Barak Abramov accused of money laundering, tax fraudFinance | 13 Jul 2018 2:55 pm
Barak Abramov, owner of an Israeli Premier League soccer club and a local popular restaurant chain, has recently been arrested on suspicion of a huge tax fraud at sports stadiums, Xinhua reports.
An investigation by a special unit of the Israel Police revealed that Abramov won tenders for managing buffets in stadiums, but transferred them to major criminals.
According to the police and Israeli Tax Authority, these criminals earned millions of new shekels in the buffets but did not report them.
These buffets are in Teddy Stadium in Jerusalem and in a basketball arena located next to it. A third buffet involved is in the Safari Zoological Center in the city of Ramat Gan in central Israel.
Similar suspicions were also raised regarding the buffets at Sammy Ofer Stadium in the northern city of Haifa, where Abramov was not involved, but another person who won the tender.
Abramov, who is currently under house arrest, is suspected of fraudulently receiving, conspiring to commit a crime, tax offenses and money laundering.
Abramov, aged 39, owns "Japanika" Asian food chain, with 33 restaurants throughout Israel.
Two years ago, he bought "Bnei Yehuda Tel Aviv" soccer team, which finished last season in sixth place in the Israeli Premier League.