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Monday, March 23, 2026
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Tag: Barry J. Pollack

Yukom Binary Options Trial – Israeli Boiler Room CEO Lee Elbaz sentenced to 22 years prison term

In the sentencing, the US Judge Theodore D. Chuang says Lee Elbaz, the former CEO of the Israeli binary options scam operator Yukom Communications Ltd, was responsible for the targeting of elderly, vulnerable victims in the $140 million fraud. Yukom operated the boiler rooms behind the binary options scheme BinaryBook and BigOption. Elbaz, in turn, pointed her finger at her former principals, the Israeli Yossi Herzog and Kobi Cohen. Elbaz's defense line worked at least to a certain degree. She wasn't gieven the 34-year prison term the prosecutor asked the court for.

Lee Elbaz – the guilty verdict and its consequences for binary options scams, boiler rooms, and victims

The jury's guilty verdict against the Israeli Lee Elbaz for binary options fraud will have a huge impact. Lee...

Lee Elbaz trial – juror dismissed after a strange incident

After the jury in the trial against Lee Elbaz continued to deliberate on Monday, a surprising event popped up...

Yukom Case – Lee Elbaz blames client-victims and justifies systematic lying

Lee Elbaz stood trial on Tuesday to tell the jury that she may have lied to clients about her...

Lee Elbaz Jury Trial Day 6 – FBI agents explained SpotOption involvement in account manipulations

Lee Elbaz is on trial for the $150 million binary options scam around Yukom Communications. Allegedly, she wanted investors...

Lee Elbaz Jury Trial Day 4 – former boiler room agent about SpotOption involvement, lies and client manipulations

The Yukom Case and Lee Elbaz jury trial continued on Monday. The prosecutors called the former Yukom employee, Liora...

Yukom Trial – about boiler room vampires and systematic lies to investors

On the second day of the Lee Elbaz trial former Yukom employee Shira Uzan took the stand and told the jury that Elbaz coached her on how to lie to investors to bring in more cash.