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Posts published in “Illegal Broker Activities”

PandaTS – The Israeli trading platform and BPO workbench behind 24option, Investous, iTrader, and many broker scams

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.

Most Wanted Scam Perpetrators – The Israeli individuals behind StoxMarket, 4Cash, Broker Yard, and other scams

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.

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