In a predawn raid Wednesday, police arrested a bank clerk and six members of his family on suspicion that they had embezzled NIS 5 million ($1.36 million) over a number of years.
Officers from the police fraud unit together with income tax investigators spent eight months probing the case after receiving a complaint from another bank, police said.
The key suspect, a resident of the northern town of Kafr Qara said to be in his 30s, worked as a clerk at a bank. During a search of his home investigators seized documents and computers.
Police suspect that members of his close family, also residents of the town, assisted him by concealing the money in various bank accounts.
Police were set to ask for the suspects’ detention to be extended at the Acre Magistrate’s Court later in the day.
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