A number of suspects have been detained in Israel in reference to a multi-million greenback cryptocurrency cash laundering scheme to defraud the French treasury, police mentioned on Monday.
Investigation targeted “on the suspicion of a large-scale fraud in opposition to the state treasury in France that was carried out from Israel,” an Israeli police assertion mentioned.
It allegedly concerned the theft of tens of millions of shekels “and the laundering of the funds by changing them to cryptocurrency,” the assertion mentioned.
Three folks have been arrested and others have been detained for questioning on suspicion of cash laundering and tax offences, in response to the police, who didn’t element the suspects’ identities.
The investigation was carried out in cooperation with Europe’s legislation enforcement company Europol, French police, the Israeli Tax Authority, and the Cyber Unit on the Workplace of the State Lawyer in Israel.
