Elfriede Sixt | FinTelegram News

Tag: Elfriede Sixt

March 4, 2020

German Handelsblatt published a new report on Wirecard and the EFRI money-laundering complaint

Felix Holtermann and Christian Schnell of the German Handelsblatt reported on the money-laundering report filed against Wirecard by the European Funds Recovery Initiative (EFRI). In a detailed article titled "The past catches up with Wirecard" the background of the global scam industry and the respective involvement of payment processors is explained.

August 30, 2019

EFRI Support for funds recovery lawsuit against 23Traders and its perpetrators in Tel Aviv

FinTelegram’s mission is to protect investors and support defrauded retail investors and victims of investment scams. To this end, FinTelegram co-founded the European Funds Recovery..

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 19, 2019

EFRI Report on #BrokerScams in Europe and the #CyberScam S-Curve

The European Funds Recovery Initiative (EFRI), co-founded and proudly supported by FinTelegram, helps victims of cyberscams to recover their funds. In doing so, EFRI has..

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..

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 3, 2019

The Veltyco-Lenhoff Case – German ‘Tagesschau’ uncovers the huge dimension of the fraud network and its victims

The story of the German Uwe Lenhoff, his public UK company Veltyco Group PLC and the cybercrime organization associated continues to be unfolded. New information..

May 17, 2019

Europe – The Land of Milk and Honey for Cybercriminals?

The original article on Uwe Lenhoff and his cybercrime organization by Uwe Ritzer appeared in German the Sueddeutsche Zeitung on 15 May 2019. FinTelegram refers..

April 20, 2019

Gal Barak – The ‘Cat of Sofia’, His Defense Line And His Victims

EFRI cooordinator Elfriede Sixt interviewed by bTV Elfriede Sixt, co-founder and coordinator of the European Funds Recovery Initiative (EFRI) spoke with Desislava Rizova, the Bulgarian..

US Treasury Forgives Ukraine Looters!

On 26 September 2024, the United States Treasury’s Financial Crimes Enforcement Network ‘FinCEN’ made the astonishing decision to drop sanctions against ABLV Bank of Latvia. ABLV was sanctioned in 2018 for a list of reasons, including helping Ukrainian President Viktor Yanukovich’s bagman, Serhiy Kurchenko, steal billions of dollars from Ukraine.

Gurbir Grewal’s Departure from the SEC: His New Position and Potential Impact on Crypto Regulation!

Gurbir S. Grewal, the former Director of the Division of Enforcement at the U.S. Securities and Exchange Commission (SEC), has left his position to join Milbank LLP, one of the most innovative and prestigious law firms globally. This transition from his high-profile regulatory role to private practice is likely to have lasting implications, particularly on the SEC’s enforcement strategy in the crypto sector.

Warning Against The Imminent Danger of Pig Butchering For The Dawning Cyber Society!

Pig butchering scams are a devastating form of cybercrime that blend romance and investment fraud, leaving victims emotionally and financially shattered. These sophisticated operations, run by organized crime syndicates, often exploit human trafficking victims as unwilling scammers. The perpetrators meticulously cultivate trust over months, luring targets into fraudulent cryptocurrency investments through fake platforms.

MLM Schemes

Latest Arrests in $4 Billion Forex AI Fraud Scheme OmegaPro and the Austrian Connection!

FinTelegram has reported on the fraudulent crypto MLM schemes OMNIA Tech and OmegaPro several times in the past. This week, various media outlets have reported the arrest of Robert Velghe in Turkey, who has played a crucial role in both scams. The OmegaPro MLM scam is believed to have stolen around $4 billion from victims worldwide. Here is our update with a request for additional information from whistleblowers.

Crypto MLM Scam: David Carmona Sentenced to 121 Months for IcomTech Crypto Ponzi Scheme!

iComTech was one of the numerous fraudulent MLM schemes that used cryptocurrencies as a means of fraud in parallel with the crypto hype of 2017/18. David Carmora started IcomTech in approximately 2018 with other co-conspirators as a purported cryptocurrency mining and trading company. The scheme promised to earn its victims high profits and guaranteed daily returns that would double their money within six months.