Accusation: Advertised 'successful businesses' in ultra-Orthodox local newspapers and tricked innocent buyers

January 23, 2022   

The Jerusalem District Attorney's Office today (Sunday) informed the attorneys of Oren Cohen, Alon Cohen and Rachel Rubinstein that the possibility of filing an indictment against them, subject to a hearing, each according to their part, on suspicion of committing offenses of fraud, deceit, tax offenses, money laundering offenses, bankruptcy offenses and offenses of defrauding creditors is being considered. 7 million American children who were vaccinated are not wrong: We got vaccinated and you should get vaccinated too This, after they initiated and operated a venture to sell failed businesses, while presenting a false representation that they were profitable businesses. According to the indictment, in the years 2017-2021, the brothers Oren and Alon Cohen purchased failed businesses for a low amount and advertised them for sale in local newspapers in the Haredi sector. The businesses were falsely presented as profitable and Oren falsely presented himself as the owner of the business, used fictitious names and used to tell potential buyers, among other things, that it was a very profitable business. The suspects presented various and sophisticated false representations, through which they defrauded potential buyers and convinced them to purchase failed businesses for hundreds of thousands of shekels. The victims who purchased the failed businesses soon discovered that they had been defrauded, and were forced to sell the business they purchased from the suspects, after incurring losses of hundreds of thousands of shekels, which devastated them financially. The indictment lists ten different incidents in which the suspects fraudulently sold various businesses, including pizzerias, laundromats and restaurants. The indictment attributes to the suspects fraud offenses amounting to approximately 5 million shekels. In addition, according to the indictment, starting in 2008, Oren Cohen had debts to various creditors, and as a result, enforcement cases were developed against him. Oren and Rachel married in 2012, but they were not registered as married with the Ministry of the Interior and Rachel did not change her last name in order to help the suspect defraud his creditors. The case is being handled by Attorney Or Gabay of the Jerusalem District Attorney's Office (Criminal). The investigation was conducted by an investigation team from the Jerusalem District Police, the Jerusalem and South Investigations Assessment Officer at the Tax Authority and the National Investigations Unit of the Insolvency Commissioner at the Ministry of Justice.