First Data Merchant Services LLC (First Data), part of one of the US financial services technology provider Fiserv Inc., and one of its executives agreed…
Posts published in “Money Laundering”
The Dutch Payvision and the Israeli-Lithuanian Bruc Bond (formerly Moneta International) have in common that they were intensively involved in the fraudulent binary options as payment processors. Let us make no mistake here and therefore make clear that neither of them were scammers or fraudsters themselves. But both have provided services to operators of fraudulent binary options and broker scams and thus facilitated those schemes for their own financial benefit. There have been consequences for both companies in recent days which may or may not be related to their binary options legacy.
Amidst the COVID-19 crisis any politicians, such as the Austrian Chancellor Sebastian Kurz, are advising their citizens that the coronavirus has heralded a New Normality…
It was for sure a shock for the international Fintech scene. Especially for those FinTechs which are focused on high-risk and black market segments. This…
The Anti-Money-Laundering Question FinTelegram has already stated in numerous reports that financial services providers (banks, e-money institutions or payment processors) are liable under civil and…
This is an obvious but nevertheless exciting connection. In 2018, an Italian victim of the Capital Markets Banc broker scams claimed his damages from Moorwand…
A few days ago we published part 1 of our #FollowTheMoney series in connection with the gigantic broker scam of the cybercrime organization E&G Bulgaria of the Israeli Gal Barak and his wife and co-conspirator Marina Barak (formerly Marina Andreeva). In the meantime, the European law enforcement agents of Germany, Austria, Bulgaria, and Serbia have conducted further house searches and arrests in connection with this cybercrime organization.
The US FBI arrested Russian rapper Maksim Boiko (aka Maxim Boyko aka “gangass“), 29, on March 28, 2020, in Miami on charges of money laundering…
Normally, the resignation of a director is not “breaking news”. In the case of Robert Courtneidge, however, it is. Just a few weeks ago Courtneidge…