Tax Fraud

The Commercial Court of Rio de Janeiro has ruled that the Mangius Group (Refit), a leading Brazilian oil refining and fuel distribution firm, will enter full bankruptcy proceedings after its judicial recovery process was terminated.

Dudu Ohana was arrested in Hadera after, according to the Tax Authority, he had been evading an investigation for a period of time on suspicion of distributing fictitious invoices. Evidence was seized during a search of the suite, and his son is suspected of attempting to destroy documents.

The Magistrate's Court in Ramle has sentenced contractor Ismail Adjo to 22 months in prison and a 90,000 NIS fine for VAT offenses. The total damage to the state, amounting to approximately 1.8 million NIS, remains unrecovered.

Yaniv Moalem, convicted of running a fictitious invoice network that cost the state 65 million shekels, has been extradited from Panama. He had previously fled Israel to avoid a 10-year prison sentence.