Lahav 433 and the bankruptcy unit detained contractor and former businessman Yolan Cohen and others for questioning Monday, N12 reports. Cohen, in bankruptcy proceedings since 2012, is suspected of concealing rights to real estate assets worth tens of millions of shekels and smuggling assets.
The Zioneer first reported the suspicion involving a prominent contractor in bankruptcy proceedings, later identified as Yolan Cohen, and within minutes confirmed that the National Unit for Economic Crime Investigations in Lahav 433, together with the Justice Ministry’s bankruptcy unit, detained Cohen and others for questioning Monday. The investigation focuses on whether Cohen concealed rights to real estate assets valued at tens of millions of shekels and smuggled assets out of his control while in bankruptcy proceedings since 2012.
At 12:21 Jerusalem, The Zioneer reported that a prominent contractor who had been in bankruptcy proceedings since 2012 was suspected of concealing his rights to real estate assets and smuggling assets, thereby violating his duty to disclose. Moments later, the same report identified the contractor as Yolan Cohen and specified that Lahav 433 and the Official Receiver’s investigation unit had detained him and others for questioning. The source quality evolved from a generic report to a named individual with specific allegations, as corroborated by N12.
As The Zioneer reported on July 28, Cohen’s brother allegedly helped him hide with crime organizations in northern Israel, according to N12. The case is part of a broader pattern of Lahav 433 investigations into financial misconduct, including cases involving gray-market debts and organized crime, as The Zioneer has previously documented.
The investigation remains ongoing. No charges have been filed, and the full extent of the assets allegedly concealed or smuggled has not yet been disclosed. It is not clear whether additional suspects will be detained.
4 developments
- StrongFormer MK, Likud-linked businessman questioned in police investigation
- DevelopingAttorney General reportedly opens secret investigation into Goldknopf for tax evasion
- DevelopingYolan Cohen's brother helped him hide with crime organizations, N12 reports
- DevelopingPolice release photo of Ariel suspect in NIS 60 million money laundering, drug probe
Source and signal
- Open-source intake