Last updated on August 8, 2019
The Uk Financial Conduct Authority (FCA) included Eclipse Finance in its list of
Eclipse Finance And Massive Binary Options Fraud
Eclipse Finance was part of a massive binary options fraud exposed by FinanceFeeds in July 2016. Following complaints received about Eclipse’s methods, the UK Insolvency Service investigated and petitioned for the company to be shut down, in the public interest. The UK High Court heard that Eclipse was persuading people from Britain and all over the world to invest in a bogus binary options scheme. Consequently, the High Court closed down the scam in July 2018.
Insolvency Service investigators spoke to investors and found none won, but all lost significant sums, averaging over £50,000 each. Losses reported to Action Fraud totaled over £600,000. The company blamed the losses on hackers. However, the investigating team could find no evidence of computer system intrusion.
According to documents available to our research team, the beneficial owners and hence the ultimate perpetrators behind this binary options fraud established the well-known pattern with offshore-entities and frontend companies:
- Aronex Holding Ltd, Saint Vincent
andthe Grenadines ElstonaLimited, Anguilla
- Eclipse Financial Ltd, United Kingdom (from 2016)
- Herrold Capital LLP, United Kingdom (until 2015)
The scam operation was again established by Northwestern Management Services Ltd providing its partner Genevieve Magnan as
The beneficial owners of the Eclipse Finance schemes were identified as the Russians:
- Ivan Khoziainov and
- Max Bekov
While it’s evident that those guys finally performed the binary options broker scam between 2014 and 2018 it’s not clear whether there are more perpetrators.
Payment Services by PayObin and Hermes
Payment services for the binary options fraud has been provided by the PayObin group of companies as one can learn from the old terms and conditions:
This Agreement is executed by and between Aronex Holdings Limited, (the “Company”) and the Client, a physical or legal person, (the “Client”). Clearing and billing services are done by Herrolds Capital LLP, England.Eclipse Finance – Termes and Conditions (March 2015)
As a matter of fact, Hermes Solution replaced Herrolds Capital LLP as clearing and payment entity for Eclipse Finance in 2016 and thus may have to be qualified as a co-operator of the scam. As uncovered by our FinTelegram Research Team, the illegal payment services company Hermes Solution Podgorica which was involved in dozens of scams is beneficially owned and/or controlled by the Israeli citizens Eyal Nachum, Tamir Zoltovski and Oded Jeremitsky via their SeeddPay. Read our report here.
This Agreement is executed by and between Eclipse Finance Ltd., (the “Company”), and the Client, a physical or legal person, (the “Client”). Clearing and billing services are done by Hermes Solution D.O.O., Montenegro.Eclipse Finance – Terms and Conditions (March 2016)
Today, Eyal Nachum and Tamir Zoltovski are also the beneficial owners of the registered payment company Moneta International UAB. One has to question if they are actually the fit and proper people to run a licensed financial company given their past activities.
Report Scam Broker
Illegally operating broker schemes and their boiler rooms are part of fast-growing global cybercrime activities. Millions of investors are defrauded by those broker sites losing billions of euros every year. Hence, it is important to warn investors of such illicit sites. If you are a victim of an illegally operating broker site such as Tradeinvest90, Option888,