German Indictment Against Binary Options Fraud Scheme Operators Behind GetFinancial Et Al!
The Public Prosecution Office in Bavaria, Germany, brought charges against the operators of fraudulent binary options platforms, including GetFinancial. Israeli nationals aged 34, 34, and 62 must answer in proceedings, the prosecutors informed. The GetFinancial scheme was launched in 2015 with a boiler room in Israel. Additional boiler rooms have been set up in Georgia, Moldova, and Armenia in subsequent years. Tens of thousands of victims in Germany and many more in other jurisdictions lost their money.