Tag: Continent Pay

In recent weeks, we have reported about the illegal online casinos Atlantis Slots and PlayRegal recruiting players in EEA regulatory regimes without a license and accepting their deposits. One of the payment options is a bank transfer via Klarna's Sofort. With today's update, we have discovered that Sofort has been removed from PlayRegal and Atlantis Slots. However, Sofort is still available as a payment option for TTVGAMES.

As part of our ongoing "follow-the-money" investigations into the online casino and gambling industry, we have identified Intelli Global Ltd, a UK-registered company, as a significant player in this high-risk environment. This review will focus on Intelli Global Ltd and its gaming platform, TTVGAMES, and will delve into the involvement of fintech unicorn Klarna and its subsidiary Sofort in facilitating payments for unauthorized online gambling operations.

PlayRegal is a scheme mirroring the previously exposed and illegally operating online casino, Atlantis Slots. Both platforms utilize the same payment facilitators. Following our investigation, Atlantis Slots has removed references to its alleged operating company in Curacao and its Cypriot payment agent. Likewise, the PlayRegal website fails to provide information about the operators. Evidence suggests that both schemes are operated by the same individuals.

Criptomy is a Lithuanian crypto exchange. Established in 2022 with a capital of €125,000, the company lists Mariana Achim as its sole director. Our web traffic analysis reveals a significant Italian connection and unusual traffic patterns. Criptomy has also been identified as a payment agent for the illegal online casino and gambling platform Atlantis Slots. Further information about Criptomy's involvement and operations is needed to assess compliance and regulatory adherence.

Atlantis Slots, operated by Pennytech Holding B.V. operates with a non-valid gambling license from Curacao. In our review, we found that Atlantis Slots is engaging in illegal operations within the European Economic Area (EEA). Despite its lack of regulatory permission in these regions, Atlantis Slots continues to offer online casino and gambling services, facilitated by payment processors Continent Pay, Neosurf, Binance Pay, Sofort and CASHlib.

Continent Pay, a/k/a ContintentPay, a high-risk payment processor, has come under the investigative lens of PayRate42 due to its purported connections with Gery Shalon, a notorious cybercriminal. It is alleged that Shalon controls Continent Pay through MARKET PROMO Sp. z o.o., a company based in Poland. A few days ago, a whistleblower request was also made on FinTelegram due to the high level of interest in this case.

We are seeking whistleblower information on the high-risk payment processor Continent Pay, which is reportedly controlled by Gery Shalon, also known as Garri Shalelashvili. He is an Israeli national originally from Georgia and is considered one of the world's most notorious cybercriminals. He gained infamy for orchestrating cyberattacks on the U.S. financial sector, including the largest theft of customer data from a U.S. financial institution in 2014, which affected over 100 million people.