Illegal Broker Activities | FinTelegram News

Category: Illegal Broker Activities

February 17, 2019

Investor Warning – Tradeinvest90 Powered By Celestial Trading

The German Uwe LENHOFF has been arrested a few weeks ago by European police. According to the information available to FinTelegram, the founder and main..

February 14, 2019

Cybercrime Exposed – The Serbian Boiler Rooms Of E&G Bulgaria

The E&G Bulgaria of Gal Barak and Marina Andreeva have been cracked down by law enforcemen, which raided the offices of this organization. Gal Barak has been arrested but was later released to house arrest due to alleged health issues. Marina Andreeva with the support of her partners Gery Shalon and Vladislav Smirnov is currently restructuring the organization and moves boiler rooms to Georgia.

February 13, 2019

Request 4 Information – The GetFinancial Broker Scheme

The UK FCA warned against the GetFinancial broker scam operated by the two companies Get Financial Markets Ltd ( Saint Vincent and the Grenadines) and Astroro Investments Limited (Cyprus) with the domains www.getfinancial.com and www.get-financial.com. FinTelegram received documents showing that the Get Financial scheme is closely connected to the cybercrime organization around Gery Shalon.

February 11, 2019

Illegal Broker Scheme’s New Home: Good Morning Georgia!

Update Feb 11, 2018: We received information and documents that some of the top managers of the illegal Bulgarian scheme of Gal Barak already moved..

February 7, 2019

Breaking News: Option888 Operator Uwe Lenhoff Arrested

The European online landscape has become much safer in recent weeks. In one of the largest cybercrime campaigns, police authorities from Germany, Austria, and Bulgaria..

February 6, 2019

European Enforcement Action – Gal Barak, The Wolf of Sofia Arrested

The Austrian, German and Bulgarian authorities have succeeded in striking a decisive blow against the vast European criminal organization operating illegal broker and money laundering..

February 1, 2019

Indicted JPMorgan Chase Hacker Gery Shalon Lost European Branch And People

With changing times and technology, criminals have taken to the world wide web and just like the real world, there are entire syndicates operating behind..

January 31, 2019

European Enforcement Action in Bulgaria Against Global Cybercrime Organization (Visual)

The enforcement actions of Bulgarian, German and Austrian police authorities in Bulgaria and other countries against the operators of illegal broker and binary options sites..

January 30, 2019

The Veltyco Drama Continues – No Monies From Founder And Office Raid

Veltyco Group PLC on Wednesday said it raised GBP500,000 funds via the issue of 3.3 million shares at 15 pence each subscribed by existing investors...

January 29, 2019

BREAKING – Massive Enforcement Action Against European-wide Illegal Broker Scheme

We just learned from our Bulgarian friends that police has raided several offices of illegal brokers, boiler rooms, and flats in Bulgaria. It seems to..

January 26, 2019

Illegal Brokers – Austrian Regulator Issues Warning Against Bulgarian Brokerz

The Austrian Financial Market Authority (FMA) recently issued an investor warning regarding the Bulgarian online broker Brokerz who is not entitled to offer regulated financial..

January 26, 2019

Canadian Regulator Issued Warning Against Option888

As reported by Finance Magnates the Canadian British Columbia Securities Commission (BCSC) published a new warning on its website against Option888 on Tuesday. BCSC became..

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.