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Criminal Case (Haifa) 64242-08-21 State of Israel v. Assaf Tal - part 13

May 7, 2026
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An automated system for trading gold!

In the past two years, I have developed a trading method that manages to generate a return of 25% per year or even more.

In professional parlance, this method is called strategy.

I apply this strategy to gold using an algorithm that executes the buy and sell orders automatically.

The method was developed and tested for 4 years.

On a real expense...

I have several dozen clients who are already using the method and are getting excellent results."

Later on, the landing page was noted under the headline "Who am I?":

"Assaf Tal

He has been trading financial instruments for 18 years and is an expert in gold trading.

....

When I discovered the automated system for trading gold two years ago and realized its potential I felt like the king of the world, I knew I was on my way to solving all the financial problems and debts I ever had....

Dozens of people are in contact with me on a monthly basis, everyone is suffering, groaning and suffocating!

I have the medicine..."

The defendant even spice up the matter with a story about his rabbi whom he saw "falling and crying because he couldn't bring enough food for his seven children" and decided to tell him about the system.  The defendant continues, "There was nothing to lose, and today, two years later, he is still not a millionaire, but he has just returned from a vacation abroad with the whole family." In his interrogation at the NAA, the defendant confirmed that this was a story hehad fabricated (P/4, p.  303, s.  18; p.  304, s.  3-5; p.  286, s.  8 ff.); whereas in his testimony in court he gave evasive answers and claimed that it might have been a dream (P.  10.9.2025, p.  404, s.  20 ff.).  It should be noted that this anecdote is not brought to say that it is a misrepresentation that could constitute a basis for a conviction.  Indeed, it is doubtful whether the very presentation of an imaginary story based on real data constitutes a misrepresentation for the purpose of the offense of fraudulent receipt.  But as we have seen, the representations made by the defendant go far beyond this story.

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