Tag: DreamsPay

The trial against the ringleaders of the cybercrime organization E&G Bulgaria is currently underway in Munich, Germany. Gal Barak was already sentenced to four years in jail in Vienna in Sept 2020. Almost unnoticed, the preparation of charges against several ringleaders of the cybercrime organization around the late Uwe Lenhoff and the Veltyco Group is currently underway in Saarbrücken. Criminal records show that MoneyNetInt was massively involved in Lenhoff's money laundering.

In the first of the Vienna Cybercrime Trials ("VCT"), the Israeli principal of the cybercrime organization operated via the Bulgarian E&G Bulgaria, Gal Barak, was sentenced to four years in prison in early September 2020. One reason for the relatively modest sentence was Barak's confession. Through his lawyers, Barak also submitted documents that massively incriminated his Russian partner Vladislav Smirnov and his Binex Group, making him de facto the mastermind behind the Barak scams.

The Israeli Gal Barak was sentenced to four years in prison in the Vienna Cybercrime Trials ("#VCT"). The court ordered that the seized funds and assets be used for restitution payments to the victims. Currently, this is a few million and thus only a fraction of the stolen funds. Millions of the Gal Barak's scams were processed via the Austrian-Ukraine payment processor Fondy, which is controlled by the former head of the Vienna Stock Exchange Stefan Zapotocky.

We have been covering the cybercrime activities of the Wolf of Sofia, Gal BARAK, and its partners Marina Barak (previously Marina ANDREEVA), Gery SHALON, and Vladislav SMIRNOV since 2018. Our reporting was instrumental in breaking up this cybercrime organization. As a result, gal Barak was arrested in early 2019 and sentenced to four years in prison in September 2020 for investment fraud and money laundering. In addition, his wife Marina is currently on trial. The Binex Group was a centerpiece of their organization to launder money stolen from scam victims.