Police arrest five antique dealers from East Jerusalem and seize some NIS800,000 in cash and foreign currency
Israeli police arrested five antique dealers from East Jerusalem on Sunday and seized NIS800,000 in cash and foreign currencies from the homes of the suspects, police said.
The dealers were allegedly involved in wide-scale tax evasion.
Several months ago, police opened an investigation with US law enforcement agencies after authorities were tipped off that some Israeli antique dealers had issued fake receipts and invoices for the past seven years with an estimated value of $20 million.
Authorities seized antiquities including ancient weapons and sculptures from the Hellenistic and Roman periods as well as pottery and bronze, silver and gold coins during the police raid.
The suspects will appear before the court later Sunday.