E&G Bulgaria | FinTelegram News

October 12, 2021

Prosecutors filed the indictment against Israeli cybercrime lieutenant Jacki Fitelzon

We already reported a few weeks ago about the upcoming indictment of Israeli Tal-Jacki Zecharia Fitelzon. The 44-year-old guy was a lieutenant of the cybercrime organization E&G Bulgaria of Gal Barak, the "Wolf of Sofia." The latter was sentenced to four years in prison in Vienna in September 2020. The Central Office Cybercrime Bavaria (ZKB) has filed charges against Fitelzon for defrauding 335 German victims of approximately €8.7 million. Fitelzon must now face a trial in Munich. Further charges surrounding E&G Bulgaria will follow.

December 2, 2019

Breaking News – Israeli Scam Mastermind Gal Barak will be extradited to Austria

Millions of victims worldwide have lost scams up to $50 billion between 2012 and 2018 with binary options according to estimates by the authorities. Currently,..

September 24, 2019

EU Groundhog Day – Bulgarian court again adjourned decision on Gal Barak extradition while U.S. courts aggressively go for his former partners!

Today another trial took place in Sofia, Bulgarian. Again, the Austrian authorities' request for the extradition of the Israeli citizen Gal Barak, who lives in Sofia, was to be decided. Again, the decision was adjourned. Scheduled for 21 October 2019 now.

September 3, 2019

Investment scams – European authorities investigate payment services provider MoneyNetInt

FinTelegram has received information that the authorities in Poland and other EU member states are investigating the payment service provider (PSP) MoneyNetInt Ltd. Whistleblowers and..

August 21, 2019

Gal Barak – New court hearing for extradition and the EFRI petition

Tomorrow another court hearing will take place in Sofia to decide on the extradition of Gal Barak to Austria on the legal grounds of an..

August 16, 2019

#CyberScam Case Gal Barak – Court hearing for extradition adjourned (again)! EFRI Petition highly appreciated! Let’s continue!

Today, 16 August 2019, the Austrian authorities started a new attempt before the court in Sofia to have the Israeli Gal Barak extradited. The court..

August 14, 2019

EFRI #Cyberscam Campaigns go Europe – fighting #Cyberscams on European Level

For FinTelegram and the European Funds Recovery Initiative (EFRI) launched by FinTelegram under the leadership of the auditor and former Ernst & Young partner Elfriede..

August 13, 2019

The Eyal Nachum Declaration on Guy Galboiz and Binary Option Scams

Between 2014 and 2018 they were the new kings of the financial world. The Israeli Binary Options Masterminds like David Cartu, Uri Katz, Guy Galboiz,..

August 10, 2019

#CyberScam Analysis – What we can learn from the Lee Elbaz trial for the analysis of other cyberscam organizations like E&G Bulgaria

The findings of the US authorities in the broker fraud case involving Yukom Communications and its now convicted CEO Lee Elbaz should help us to..

August 1, 2019

Update on Gal Barak and other CyberScammers – it’s time to fight them

In the last few days, FinTelegram has reported on its fight against the Israeli #cyberscammer Gal Barak. He has defrauded tens of thousands of retail..

July 22, 2019

Broker scams and fund recovery – FinTelegram and EFRI arrived in Israel

At the end of last year, FinTelegram set up the European Funds Recovery Initiative (EFRI) together with the auditor Elfriede Sixt, other partners and with..

July 18, 2019

Investor Warning – The Israeli EZInvest, WGM Services, the SEC Penalty, a Bulgarian Connection, and the CySEC incompetency

For some time now, WGM Services Ltd, registered and licensed in Cyprus, has been offering CFDs to customers through the CySEC-approved domain www.ezinvest.com. The offering..

Tag: E&G Bulgaria