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Tag: E&G Finances

Resurrection! Gal Barak’s cybercrime organization is back!

Gal Barak was the principal of the cybercrime organization E&G Bulgaria a/k/a E&G Finances, which operated numerous broker scams and boiler rooms. An Austrian court sentenced him in September 2020 to several years in prison and a restitution payment in the millions. The Bulgarian Dimitar Moralyiski a/k/a James Morro, a leading associate in one of the Bulgarian boiler rooms, was sentenced to 54-months of prison time. Recently, Barak was released on parole, and now E&G Finances is looking for employees. Specifically, Megi Velichkova has advertised the position of Sales Manager for E&G Finance on her LinkedIn profile.

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...

The Eyal Nachum Declaration on Binary Options Scams!

Between 2014 and 2018 they were the new kings of the financial world. The Israeli Binary Options Masterminds like...

YUKOM Is Not The Only Illegal Online Trading Scheme

The Israeli Lee ELBAZ, 36, and her three co-conspirators Lissa MEL, Liora WELLES, and Shira UZAN are charged with...

BREAKING NEWS: Bulgarian Boiler Room Operator E&G Finances Vanished

If there is such a thing as a center of the evil of online fraud, then it was (or...

BINARY OPTIONS: MORE VICTIMS OF SAFEMARKETS FRAUD

FinTelegram has already published some reports on the fraud of the binary options platform SafeMarkets. This platform, which has...