The old Wolf of Sofia, the Israeli Gal Barak, was arrested in Sofia in early 2019 and later extradited to Austria. Together with him, his…
Posts tagged as “Golden Markets”
This is the first part of the series on the public discussion of the flow of money around the currently largest cybercrime court case in Europe, Gal Barak's E&G Bulgaria. FinTelegram and EFRI want to mobilize the victims of the scams and together with the prosecutors to take action to secure the stolen money for funds recovery. We want to mobilize as much as possible victims of this cybercrime scheme - and there are more than 30,000 vicims we hear - before the trial starts.
The extent of the damage caused by scam facilitating FinTechs is very clearly shown by the ING subsidiary Payvision. The Dutch Fintech processes some €130 million just for the scams of the two now-imprisoned Uwe Lenhoff (Germany) and Gal Barak (Israel). Thanks to the investigations many sad hypothesis around FinTechs and their role as cybercrime facilitators have been proved by facts and evidence.
In January 2019 the German Uwe Lenhoff was arrested. After months of investigations by the authorities in Austria, Germany, and other EU countries, the authorities…
The Israeli journalist Simona Weinglass has made the worldwide public aware of the gigantic Israeli fraud industry of binary options with her article series “The…
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.