Tag: David Cartu

Law enforcement actions against cybercrime organizations in Israel Cyprus and UkraineB
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July 2, 2022

Breaking News! Israeli-Canadian Cartu Brothers Allegedly Arrested In UAE!

We recently reported on a new lawsuit filed by victims against the missing binary options scheme centered around the notorious Cartu Brothers and GreyMountain Management (GMM) in Ireland. The multi-million dollar lawsuit was brought against David Cartu and Jonathan Cartu, as well as GMM directors Ryan Coates and Liam Grainger. The U.S. CFTC also has a fraud lawsuit pending. Reportedly, David Cartu and Jonathan Cartu (but not Joshua Cartu) were arrested in UAB on a Red Interpol warrant. A whistleblower has just told us this. We would like to know more.
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EFRI invstors protection servicesT
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June 29, 2022

The Cartu Brothers And Their Directors Sued In Ireland Over Alleged Binary Options Fraud!

The Canadian-Israeli brothers David Cartu and Jonathan Cartu, together with Joshua Cartu, are at the very center of a gigantic binary options fraud scheme around the Irish GreyMountain Management Ltd. The Irish Times reports that the Florida-based investor William Thomas Powers and more than 30 other investors sue David Cartu, Jonathan Cartu, and the former Irish directors Ryan Coates and Liam Grainger over more than $4 million in losses. GreyMountain Management Ltd was wound up. The court case started on 28 June 2022 before Justice Michael Twomey.
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SEC receives final order in LBinary and Ivory Options complaintW
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June 7, 2022

Whistleblower Request – Perpetrators Behind Israeli Liantech And Its Scams!

The fraudulent binary options industry that started its raid around the world from Israel and left hundreds of thousands of victims with billions in losses has collapsed. Some of the former binary options scammers have been in like against the people of the Israeli Liantech Finance Marketing Ltd of Anton Senderov and Lion Babazara. They settled with the US SEC in 2020 and paid fines for their US fraud activities. Although you may regard it a cold case, we would like to know more to support their victims in getting their money back.
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CFTC fraud complaint against David CartuW
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October 21, 2021

Whistleblower campaign – U.S. and Canada authorities search for Cartu Brothers!

The Israeli-Canadian Cartu Brothers - David Cartu, Joshua Cartu, and Jonathan Cartu - are notorious binary options scammers and are in big trouble with regulators and law enforcement agencies in the U.S. and Canada. In Toronto, the Ontario Securities Commission (OSC) has brought a fraud complaint against the brothers. The U.S.CFCT has also sued the brothers for alleged binary options fraud in Texas. David Cartu is also notorious for his proximity to Wirecard. Insiders claim he was a major Wirecard shareholder.
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CFTC fraud complaint against David CartuC
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August 10, 2021

CFTC’s Notice of Allegation in the fraud complaint against Cartu Brothers and other Defendants

The U.S. CFTC filed a fraud complaint against David Cartu, Joshua Cartu, Jonathan Cartu ("Cartu Brothers"), and others in September 2020 alleging vast binary options fraud in the amount of $165 million. The lawsuit could not be served by the CFTC or the relevant U.S. court. So, the CFTC, through paid advertisements in media outlets such as The Times of Israel, has conceded notice of the lawsuit, including notice of meetings and deadlines. Below is yesterday's advertisement from the Times of Israel. As a courtesy to the CFTC and in support of the victims, we are also posting this Legal Notice here on FinTelegram.
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CFTC Compliant against Cartu Brothers and GreyMountain Management binary options schemeR
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May 28, 2021

Really? Canadian OSC and its dirty settlement with former Wirecard partner GMM

The Canadian-Israeli Cartu Brothers were the operators of a $165M binary options fraud scheme, according to the U.S. Commodity Futures Trading Commission (CFTC). As a result, the U.S. regulator filed a fraud complaint against David Cartu, Joshua Cartu, Jonathan Cartu, and Nati Peretz, and Leeav Peretz. The Canadian regulator OSC has also taken action against the Cartu brothers for binary options fraud. But now, the Cartu Brothers can buy their way out of the OSC fraud charges for just CAD 300,000. A bargain the brothers will probably laugh about for a long time.
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Joshua Cartu and his life on InstagramA
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May 13, 2021

Alleged binary options scammer Joshua Cartu sends greetings from Moscow

At the last Ontario Securities Commission (OSC) hearing in the fraud charges against David Cartu, Jonathan Cartu, and Joshua Cartu on March 25, 2021, Joshua Cartu did not appear. Nor has he sent a representative, although properly served. Not only the Canadian OSC but also the U.S. CFTC is looking for the Cartu Brothers. The U.S. regulator has brought a fraud complaint against the Cartu Brothers for operating illegal binary options platforms that received more than $165 million from investors. While the CFTC and OSC are looking for him, Joshua Cartu posts greetings from Moscow on Instagram.
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Cartu Brothers with Wirecard and GNIF
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January 26, 2021

Follow the Money – Cartu Brothers, Wirecard and GlobalNetInt

GlobalNetInt has for sure no issue with the online gambling business. Gambling is by far their most important client segment. And then there are the Cartu Brothers. Law enforcement agencies and financial market regulators have been after them for years now. The U.S. CFTC and the Canadian OSC have sued David Cartu, Joshua Cartu and Jonathan Cartu for alleged binary options fraud. They ask for money! The CFTC claims damages of $165M in the process. We learned that the Cartu Brothers companies have their accounts at the Lithuanian GlobalNetInt.
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Josh Cartu with the Cartu Brothers and fraud complaintsR
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January 25, 2021

R4I – Cartu Brothers, the GMM binary options fraud, AEGIS Labs, and Kav Sheroot Tech

The Cartu Brothers - David, Jonathan, and Joshua - are very sought after people. They are currently being sued by the U.S. CFTC and Canada's OSC for alleged binary options fraud. The CFTC claims that at least $165M has been stolen from retail investors. The CFTC did not even include all of the Cartu Brothers‘ brands in the complaint. Therefore, it is likely that a multiple of this amount was processed through their GreyMountain Management scheme and other entities. We would like to learn more about AEGIS Labs, Sandbox Media, and Kav Sheroot Tech.
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GO Limited and AlgoCharge and AlgoPay binary options scamsW
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October 26, 2020

What happened to AlgoPay, AlgoCharge, and the Seroph Group?

FinTelegram research has been uncovered that the Good Option and Royal Broker binary options scams were operated by the Anguilla-registered G.O. Limited between 2014 and 2015. These and other scams have been facilitated by the Cyprus-based Payment Processor AlgoCharge of the Israeli Sarel Tal who acts as the director of AlgoPay Limited registered in Cyprus. Today all companies and websites have disappeared or are about to.
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Josh Cartu with the Cartu Brothers and fraud complaintsA
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October 4, 2020

An alleged fraudsters lifestyle – Josh Cartu, the Cartu Bros, and the $165 million fraud complaint

FinTelegram has been reporting on the vast global binary options scam scheme around the GreyMountain Management Ltd ("GMM") of the Cartu brothers. Joshua "Josh" Cartu has contacted FinTelegram via email several times, purported to have nothing to do with the GMM's fraud scheme, and pointed to his brothers. The U.S. CFTC sees it differently and have filed a fraud complaint against him and his brothers. The end of a lavish lifestyle and Instagram celebrity?
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Eyal Nachum and Tamir Zoltovsky and their network of companiesB
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September 7, 2020

Breaking News – Notorious International Fintech no longer has a Lithuanian EMI license

The International FinTech UAB of the Israelis Eyal Nachum and Tamir Zoltovsky has no more license in Lithuania. Thus, within a few months, the two Israeli payment pundits have lost both regulated companies in Lithuania. Already in April 2020, the Bank of Lithuania withdrew the license of Bruc Bond (formerly Moneta International) due to systematic violations of the compliance guidelines and problems with money laundering. At present, it is not clear why International Fintech has also lost its license.
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