'Wolves of Tel Aviv' mostly targeted US citizens, taking tens of millions of shekels

In a joint operation with the Federal Bureau of Investigation (FBI), the Israel Police arrested 26 people overnight Tuesday in Tel Aviv for their suspected involvement in organized financial fraud.  

A tip received from the US confirmed that a group of Israelis scammed millions of dollars from dozens of US citizens under the guise of acting as a cryptocurrency investment firm, Haaretz reported.

The suspects were said to be marketing products and investments, without providing returns, and keeping the victims' money.... Read More: i24