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Yukom Trials – Boiler Room CEO Lee Elbaz sentenced to 22 years prison term and 28 million restitution payment

In the sentencing the US Judge Theodore Chuang says Lee Elbaz, the former CEO of the Israeli binary options scheme scheme operator Yukom Communications Ltd, was responsible for the targeting of elderly, vulnerable victims in the $140 million fraud. Elbaz, in turn pointed her finger at her former bosses, the Israeli Yossi Herzog and Kobi Cohen.

The Evil Corp – Russian cybercrime organization principals indicted in U.S. after multi-jurisdictional investigations

It's war time again and it's is once again a fight United States v. Russia. As so often in the past, this New Cold War is taking place in cyberspace. The Americans repeatedly claimed that the Russian state supports cybercrime against Western states and the USA and protects cybercrime. This is probably also true of Evil Corp and its Russian principals.

Ⓒ FinTelegram News operated by Next Generation Media Group DOO (Belgrade)