A suspected fraud scheme at the Israel Electric Corporation involving approximately NIS 5 million was uncovered after a months-long covert investigation became public over the weekend.

Investigators from the Coastal District Fraud Unit arrested several suspects, including the main suspect in the case, a resident of Kafr Manda, an Arab town in the Lower Galil.

Police had been investigating the suspected scheme covertly for several months, gathering evidence of an alleged sophisticated fraud operation within the company. During the investigation, suspicions emerged that several Israel Electric Corporation employees were involved.

According to police suspicions, the main suspect worked with company employees to unlawfully arrange the payment of other individuals’ electricity debts in exchange for financial benefits.

The investigation entered its public phase over the weekend, when investigators arrested several suspects. On Sunday, a court granted a police request to extend the main suspect’s detention for a second time, ordering him held for an additional four days to allow investigators to carry out further investigative measures.

The investigation remains ongoing.

(YWN Israel Desk—Jerusalem)