Elit Property Vision | FinTelegram News

Tag: Elit Property Vision

June 2, 2021

Investor Warning – Be aware of the crypto fraud in scam broker environments

Starling Bank recently announced that they are suspending the deposit of funds to crypto exchanges such as Payward Ltd d/b/a Kraken (www.kraken.com). Banks and fintechs have "observed high levels of illegal activity" related to crypto exchanges. Welcome to the new reality. We have testimonials from victims showing how ID theft and bank fraud works. Scammers use either victims' KYC records or AnyDesk to open accounts there in their name and then receive deposits from them. The money is then gone. Kraken refuses to refund the victims.

June 1, 2021

Elit Property Vision Racket – Another illegal Spanish payment processor exposed

The Elit Property Vision Racket has its main focus in Spain. In our last update, we published a list of the companies, brands, payment processors, and people we discovered. One key person in the Racket is likely to be Rezaeian Mohammadi Majid. In addition, we have discovered another person, Jhon Freddy Villamizar, who participated in the racket as a CREDI FINANCIAL EXPRESS SL director in Madrid. Below you will find the updated list of the Elit Property Vision Racket.

May 25, 2021

R4I – The Spanish-Bulgarian Elit Property Vision Racket, WTCInversion, and other scams

Almost two years ago, we published a report about a Cease and Desist Order issued by the German BaFin against Elit Property Vision Ltd and its Britonprice scam. Before and after that, numerous regulators have issued warnings against scams associated with the Elit Property Vision Racket. According to the information we have, this is a Bulgarian-Spanish cybercrime network, and Rezaeian Mohammadi Majid is one of the principals. Therefore, we would like to know more about the Elit Property Vision Racket and its people.

Compliance Report: Sergey Mendeleev, Garantex, and Exved – The Rising Role of Crypto in Russia’s Sanctions Evasion Strategy

Sergey Mendeleev, a prominent figure in Russia's cryptocurrency scene, has played a central role in the establishment and operation of two key platforms—Garantex and Exved. These platforms have been instrumental in facilitating cross-border payments and crypto transactions, potentially serving as important tools for Russia’s sanctions evasion strategy. Mendeleev's growing influence in this space, coupled with Russia's evolving regulatory framework, positions him as a key player in Russia.

Russia’s New Crypto Strategy for Sanctions Evasion

Russia’s new crypto laws, allowing mining and international payments in digital currencies, are part of a broader strategy to evade Western sanctions and reduce dependence on the U.S. dollar. This move, led by the Central Bank of Russia (CBR), opens up new compliance risks for global financial institutions dealing with Russian entities. The new laws are set to take effect in September for cross-border payments and in November for crypto mining.

Secretive Cyprus Funds Used to Obscure Megayachts and Real Estate Linked to Sanctioned Russian Banker

A recent OCCRP investigation revealed that Cyprus-registered RAIFs were used to hide megayachts and real estate linked to sanctioned Russian banker Andrei Kostin. These secretive funds, managed by Inveqo, allowed clients to avoid disclosing their ownership, raising concerns about the effectiveness of sanctions and regulatory enforcement. The case highlights the challenges of ensuring transparency and preventing financial crime in the global investment landscape.

First-Ever Crypto Seizure in Scotland Under New UK Law

Crypto has undoubtedly become mainstream, particularly in the cybercrime sphere. In a first for Scottish law enforcement, £110,000 in cryptocurrency has been confiscated from John Ross Rennie following a violent robbery. Under new UK rules, police can now seize crypto assets without needing to make an arrest, highlighting a growing focus on tackling digital crime as incidents involving cryptocurrency continue to rise.

Former Lebanon Central Bank Governor Riad Salameh Charged with Financial Crimes

It was a long-expected move. The powerful former Lebanon Central Bank Governor Riad Salameh has been arrested and charged with embezzling $42 million in public funds, part of a broader $110 million fraud case. His detention comes amid ongoing domestic and international investigations into financial misconduct during his controversial three-decade tenure. In 2022, the European Union Agency for Criminal Justice Cooperation (Eurojust) froze assets worth €120 million tied to Salame.