To the Federal Bureau of Investigation,
As a concerned entity dedicated to the fight against financial fraud, we at FinTelegram commend your recent efforts in seizing one of the websites associated with the notorious Israeli money collection scheme, PayBack, also known as MoneyBack. This operation, led by Israelis Amir Geva and Daniel Poleb, has been masquerading as a legitimate fund recovery service while allegedly defrauding countless victims. However, this recent seizure is just one step in dismantling an extensive and multifaceted fraudulent network.
We urge the FBI agents in charge of this case to expand the investigation and enforcement actions against this pervasive scheme. Our research has uncovered that PayBack operates under various brands, websites, and domains, continuing to lure and exploit fraud victims. For instance, the website Payback-law.com remains active, claiming to have recovered over $1.7 million from fraudsters in 2024 alone. This claim perpetuates false hope among victims, who are desperate to recover their lost funds.
The Need for Comprehensive Action
While the seizure of a single website is a positive development, it is insufficient to halt this aggressive and octopus-like scheme. The PayBack operation is characterized by its use of multiple domains and websites to evade detection and continue its fraudulent activities. To effectively dismantle this network, we recommend that the FBI:
- Identify and Seize All Associated Domains: A thorough investigation to uncover and seize all domains linked to PayBack, MoneyBack, and any other aliases they may operate under.
- Shut Down Associated Websites: Ensure that all associated websites are permanently shut down to prevent further victimization.
- Investigate Financial Flows: Trace the financial transactions linked to these domains to identify the operators and their networks.
- Collaborate Internationally: Work with international law enforcement agencies to address the global nature of this scheme and ensure comprehensive action.
Find the PayBack key data here on FinTelegram.
Background and Recent Developments
PayBack, under the guise of a reputable money recovery expert, has been a long-standing operation preying on the desperation of fraud victims. The UK’s Financial Conduct Authority (FCA) recently issued an updated warning, identifying PayBack as a clone of an FCA-regulated firm. This fraudulent scheme has been added to our blacklist at FinTelegram, and we have continuously warned the public about its deceptive practices.
Despite receiving hostile communications from employees of PayBack in response to our warnings, FinTelegram remains steadfast in our mission to expose these fraudulent activities. We recognize the significant financial and psychological toll that fund recovery scams impose on victims, often exacerbating their distress and financial ruin.
The Devastating Impact of Debt Recovery Fraud
Fund recovery scams occupy a particularly heinous place in the cybercrime hierarchy. Not only do they rob victims of their remaining funds, but they also shatter their hopes for financial restitution. These scams are devastating, leaving victims in a worse position than before, both financially and psychologically.
A Call for Information
FinTelegram is dedicated to exposing these unscrupulous schemes and supporting victims in their pursuit of justice. We encourage anyone with pertinent information about PayBack‘s activities to come forward. Victims and insiders can contact us through our Whistle42 system to aid in the fight against these malicious schemes.
Conclusion
We implore the FBI to take decisive and comprehensive action against the entire network of PayBack and its associated domains and websites. By doing so, we can protect current and potential victims from further exploitation and bring the perpetrators to justice.
Sincerely,
Team FinTelegram
