Tag: Binary Options

Israeli lawyer Moshe Strugano, long exposed by FinTelegram as one of the legal facilitators of the Israeli binary-options fraud industry, has reportedly been arrested in Greece at the request of U.S. authorities. According to Calcalist, the arrest relates to the U.S. insider-trading case over Ormat’s 2018 acquisition of U.S. Geothermal, in which Strugano allegedly made around $1.2 million in illicit profits.

The Regional Court of Cologne has sentenced German B2G principal Rainer Treuer to two years and four months for unauthorized payment-services activity linked to the notorious B2G payment network. The judgment confirms what FinTelegram warned years ago: B2G was not a harmless consultancy outfit but a payment-collection machine moving victim funds through German bank accounts and onward to foreign recipients.

At first glance, Payvision may look like an old scandal from the binary-options era. It is not. A newly reviewed EFRI dossier argues that Payvision did not merely sit in the background as a payment processor, but allegedly helped build, adapt, and preserve the payment rails that kept the Lenhoff/Barak fraud factories running. That matters now because the fallout is still alive: EFRI is pursuing claims in Amsterdam, criminal-file materials continue to be re-evaluated.

The French Supreme Court (Cour de Cassation) has just recently firmly established the liability of payment processors like WorldPay and Seroph Holding (AlgoCharge) for facilitating unauthorized binary options schemes. As restitution payouts loom, this critical ruling sets a formidable due diligence standard that could ripple across the EU, offering renewed hope for victims pursuing institutional giants like ING's Payvision.

The Bamberg case against former AirSoft CEO Shay Benhamou could redefine the liability of white-label software providers in cyber-enabled investment fraud. FinTelegram examines where neutral technology ends and criminal participation begins.

The newly published Payvision chats could become the most damaging documentary evidence yet in Europe’s long-running broker scam scandal. According to EFRI and the cited criminal case files, Payvision did not merely process transactions for Lenhoff and Barak-linked fraud networks — it allegedly helped them solve payment problems, reroute settlements, and survive banking disruption, all while generating lucrative fee income.

FinTelegram has published its DeFi Compliance Perimeter as an evergreen framework for reviewing DeFi brokers, investment schemes, and supporting rails. The goal is simple: to define the new compliance perimeter before the next retail-investor damage cycle scales.

FinTelegram will increasingly focus on DeFi brokers and DeFi investment schemes alongside offshore casinos. The reason is simple: the perimeter game has not disappeared. It has evolved. What binary options and offshore brokers once did through shell structures and payment agents is now being rebuilt through DeFi-branded interfaces, on/off-ramp layers, wallet logic, and outsourced execution rails.

There’s a problem with payment service providers. It’s easier said than done to arrest those responsible for illicit money...

The Finacial Times reported today, that UK Financial Conduct Authority (FCA) will permanently ban trading the sale, marketing, and...

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

The binary options platform Option888 was one of the worst fraud sites in the online trading sector of recent...