Tag: Global Payment Solutions

Moscow-based “Ikarus Moskva” markets energy trading, “bank solutions,” and cross-border legal services from a Moscow City tower. Its public Team page lists Serbian lawyer Marko Vujošević—a figure long linked in FinTelegram investigations to the 2016–2019 Belgrade boiler-room era and the Montenegro payment processor Global Payment Systems DOO (GPS).

In April 2025, Mohamad Shaker — the head of the largest boiler room in German cybercriminal Uwe Lenhoff’s vast cybercrime empire — was sentenced to 8 years in prison by a German court. Shaker's conviction marks another milestone in dismantling one of Europe’s largest cybercrime organizations. Yet, while some lieutenants have faced justice, the key facilitators — including executives of Payvision and the Amsterdam-based money laundering network — remain untouched.

Montenegrin-born lawyer Marko Vujosevic had a thriving law practice in Belgrade until 2020. His law firm participated in the fraudulent binary options industry and procured dozens if not hundreds of work permits for Israeli citizens. With the cybercrime masterminds, Uwe Lenhoff and Gal Barak co-founded the illegal payment processor Global Payments Solutions DOO (GPS) in Podgorica that laundered millions for binary options like Option888 or TradoVest. After a lost defamation claim, Vujosevic's law firm seems to have vanished. Google says it is temporarily closed.

A 33-year-old Kosovar was sentenced to an 18-month prison term in a trial in Austria after a seven-month pre-trial...

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.

Simona Weinglass provided an update on the GetFinancial Case and the respective law enforcement actions in Israel, which have been initiated by German prosecutors. Allegedly, 15 people have been questioned by the police, four are said to be extradited to Germany. Court documents show that the cybercrime organization ran the scams GetFinancial, IntegraOption, SolidCFD, TradeSolid, BitCapitalMarkets, MyCoinbanking, Procapitalmarkets, Profitstrade, FXPace, Acceptrade, and Gainfintech using the platforms SpotOption and Tradologic.

The Belgrade-based online news portal In4S exposed an explosive political dimension of cybercrime charges around Gal Barak und Uwe Lenhoff. The Belgrade lawyer Marko Vujosevic allegedly stole and laundered €19 million via Global Payment Solutions DOO (GPS) in Montenegro. GPS is at the very center of the cybercrime organization of Barak and Lenhoff. The latter died in prison for unknown reasons. Barak was sentenced to four years in prison for investment fraud and money laundering. And now IN4S claims part of these cybercrime proceeds was used to finance the President of Montenegro.

A shooting attack was carried out this morning on Belgrade lawyer Marko Vujosevic. He apparently survived unharmed but badly shocked. Vujosevic was the founder and administrator of Global Payment Solutions Podgorica, which was registered in Montenegro. This was an illegal payment processor for two scammers Uwe Lenhoff and Gal Barak. The latter was sentenced to four years in prison in the Vienna Cybercrime Trials (#VCT). Lenhoff was found dead in his prison cell before the trial began. Previously, Vujosevic had claimed that Gal Barak had issued a murder order against him.

In his late 70s, a German investor had lost all his life savings of around €400,000 to the scams of German Uwe Lenhoff. In his desperation, the investor was approached by a Fund Recovery scam promising him to recover the funds. But first, they said, they need a few thousand Euros initial payment. The old man had borrowed the money for the initial payment from a friend. The Fund Recovery scammers also took this money from him. In his desperation, the 80-year-old took his own life last week.

The Israeli scammer and cybercrime principal Gal Barak was sentenced to four years in prison and restitution payments at the beginning of September 2020 at the start of the Vienna Cybercrime Trials ("#VCT"). Further charges against his co-conspirators will follow in various EU jurisdictions. Barak and his partner Uwe Lenhoff have also operated their illegal boiler rooms and payment processors in the Balkans. The Balkan Investigative Reporting Network has recently published the Balkan Papers related to the #VCT.

The German regulator BaFin has warned against the broker scams TheCapitalStocks (www.thecapitalstocks.com) and RoyaltyFinance (www.royaltyfinance.io) which are allegedly operated by Kleinman Enterprise Ltd in St. Vincent & the Grenadines. Already in August 2020, the Italian CONSOB warned against these scams. Both are white label solutions of the Bulgarian Global CRM Solution Platform.

On September 1, 2020, the FMA issued an investor warning against IFX Banc (www.ifxcapitals.com and www.ifxbanc.com) which is allegedly operated by Global Payment Solutions LLC in Podgorica, Montenegro. A quickly conducted review by FinTelegram revealed that the Bulgarian Ankor Group Investment Ltd is also stated as the operator.