It was not really a surprise when it became known on Friday that the responsible public prosecutor’s office in Munich had the offices of Wirecard‘s…
Enforcement Action – Wirecard offices raided after German regulator BaFin filed a criminal complaint
FinTelegram News
We have the scam operator Armin Ordodary, a Cyprus resident, on our FinTelegram radar since 2018. In some reports, we have analyzed for example the…
The DAX-listed German company FinTech Wirecard has concluded a kind of partnership agreement with the FC Bayern Munich basketball division. Together, the partners want to…
In the last few days the forex industry saw massive regulatory sanctions by the UK FCA and CySEC against the CySEC regulated brokers Rodeler, Hoch Capital, and F1Markets (read here on FinTelegram). These brokers are beneficially owned and controlled by Israeli people and are powered by the Israeli PandaTS solutions. Since 2007 Panda Trading Applications Ltd with offices in Israel and Cyprus is doing business as PandaTS and has been the preferred whitelabel platform and BPO partner for scam forex and CDF brokers as well as for regulated brokers for many years.
After the Italian CONSOB the FCA has taken action to stop four Cypriot investment firms from continuing to attack retail investors with unfair and deceptive…
The London-based Revolut is currently one of the brightest stars in the FinTech sky. Yes, and we’re disclosing a conflict of interest in that regard.…
The Swedish MLM expert Sebastian Greenwood is considered the founder of the OneCoin Crypto Scam alongside the Bulgarian Cryptoqueen Ruja Ignatova. According to calculations by…
By all means, the Israeli StoxMarket (www.stoxmarket.com) was one of the largest binary options scams in Europe between 2015 and 2017 and defrauded thousands of…
The rather controversial US President Donald Trump has opened a new battlefield in the last two days. Twitter is known to be his most important…
The two Israeli Chaim Elazar Bornstein and Mordechay Litke are the perpetrators behind some of the biggest binary options scams over the last couple of years such as KayaFX, StoxMarket, or Broker Yard. Typically, they acted via trustee companies. The Seychelle citizens Genevieve Magnan or Vanessa Payet acted as directors of Marketier Holdings Ltd or Profitier Ltd respectively.