From Ynet's report on the Chabad embezzlement scandal:
…"This investigation included dozens of Chabad officials," a police source said. "In the past, disputes between organization members led to lawsuits, and the material obtained on the organization points to severe tax offenses. The organization will find it very difficult to continue with its activities following these arrests."…
Lubavitch Youth is Chabad's major Israeli organization, the parent body, so to speak, of hundreds (so they claim) of Chabad Houses. It is headed by Rabbi Yosef Yitzchak Aronow and is also the parent body of the now-closed yeshiva in Rostov. The 13 students deported from Russia 10 days ago are his.
Background to this scandal is here.
Ha'aretz and Ynet reports here.