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| A closed Cheerfully Changed branch in Jerusalem. |
The possible collapse of a financial services company heavily frequented by English-speaking immigrants has many scrambling to recoup money entrusted with the firm, in some cases hundreds of thousands of dollars.
Branches of Cheerfully Changed in Jerusalem and surrounding cities have been closed since last week and many customers say they have been unable to reach a representative to inquire about their accounts.
In addition, a statement posted online and comments by former employees who said the company's entire staff was let go this week have spurred concerns the company is bankrupt. According to some estimates, the losses could amount to millions of dollars.
The company and its owner, Jonathan Abeles, have not responded to numerous Anglo File queries for clarification.
The company and its owner, Jonathan Abeles, have not responded to numerous Anglo File queries for clarification.
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