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$96 million fraud fallout: Investors caught in UK assisted living scam

30.07.24|Almog Azar

A liquidation petition submitted to the court this month reveals a colorful story about an investment amounting to tens of millions of shekels in assisted living housing in the United Kingdom. Allegedly, it turned out to be a scam worth about $96 million, wherein properties on the verge of collapse were sold as luxury housing.