Israel Police seize NIS 2.5 Million ‘fatal blow’ to northern crime gang

Israel Police Seizes Over NIS 2.5 Million from Criminal Gang in the North

The Israel Police announced on Thursday that they had seized over NIS 2.5 million from a criminal gang in the North, according to a police spokesperson.

North District police officers raided a business in Shfaram on suspicion of money laundering and caught criminals “red-handed” in the process of money laundering.

The raid was undertaken in cooperation with the Israel Border Police. Border Police officers noticed a safe in the business containing NIS 2,649,000 in cash and a significant amount of foreign money as well.

This operation was part of ongoing operations against protection rackets in the North. The seized money was likely earned through a series of illegal activities such as extortion of business owners and trade in illegal drugs.

Police raided the building materials business which belonged to a 48-year-old resident of Shfaram who is suspected of being a member of a criminal gang operating in the North.

Money seized from business in Shfaran suspected of being part of a criminal enterprise. July 27, 2023. (credit: POLICE SPOKESPERSON’S UNIT)

Extortion rackets have been a persistent problem for citizens living in the North.

Police Investigation Underway

Police said that the operation was “a fatal blow to the crime gang from the north.”

The investigation of the case is being handled by the “Erez” unit of the Israel Border Police Northern Division.

“Israel Border Police and the Israel Police are working against gangs and criminal organizations with all the tools at their disposal,” the Police spokesperson noted in a statement. This is done “with a special emphasis on crimes of extortion by threats against business owners, who find themselves not only under the burden of running an independent business but also in a situation where they and their families are threatened and damages are caused for their businesses and private property.”

SDGs, Targets, and Indicators

1. SDG 16: Peace, Justice, and Strong Institutions

   • Target 16.4: By 2030, significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets, and combat all forms of organized crime
   • Indicator 16.4.1: Total value of inward and outward illicit financial flows (in current United States dollars)

Analysis

The issues highlighted in the article are related to organized crime and money laundering. These issues are connected to SDG 16: Peace, Justice, and Strong Institutions, which aims to promote peaceful and inclusive societies for sustainable development, provide access to justice for all, and build effective, accountable, and inclusive institutions at all levels.

Specifically, the article mentions that the police seized over NIS 2.5 million from a criminal gang involved in money laundering. This aligns with Target 16.4 of SDG 16, which aims to reduce illicit financial flows and combat organized crime. The seizure of the money is a step towards achieving this target.

The article does not explicitly mention any indicators related to measuring progress towards Target 16.4. However, Indicator 16.4.1 can be used to measure the total value of illicit financial flows. In this case, the seized amount of NIS 2.5 million can be considered as part of the total value of inward illicit financial flows.

Table: SDGs, Targets, and Indicators

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Source: jpost.com

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