Beitar Jerusalem owner Moshe Hogeg is expected to be released from prison Tuesday on bail and bond totaling NIS 70 million ($22 million), according to reports.
Hogeg has been in jail nearly a month, along with seven others, on suspicion of involvement in alleged massive fraud involving crypto-currency investments. He is also suspected of sex crimes, including trafficking and underage prostitution offenses.
The report comes a day after Channel 12 news reported that investigators think the case against him over financial crimes has weakened, and while there is “strong” evidence of sexual offenses against Hogeg, it would be difficult to charge him, as there is no complainant.
Beitar Jerusalem owner Moshe Hogeg, on December 11, 2020. (Yonatan Sindel/Flash90)
However, the Ynet news site reports Monday that police believe the case against him is stronger. At the same time, a police source appears to admit to the outlet that investigators have been challenged by putting together a case related to the cryptocurrency allegations.
“This is an area we’ve been learning for the first time. The probe is complicated and practically unknown in the finance world. The suspicions are growing and getting stronger,” the source is quoted saying.
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