Hawex Group | FinTelegram News

December 11, 2022

Exposed: FCA-Regulated Connectum And Russian High-Risk Payment Processor Hawex!

FCA-regulated payment institution Connectum was a notorious scam facilitator and money launderer for the fraudulent Israeli broker scene. It processed payments for the cybercrime organization of the convicted Israeli Gal Barak. At least until a few months ago, Connectum has been working closely with the Russian-controlled high-risk payment processor Hawex, in which the notorious Indo-British Ruchi Rathor is also involved. Whistleblowers have provided us with data exposing Hawex merchants billed through Connectum.

September 15, 2022

Interesting! High-Risk Payment Processor Payomatix And Its Founder Network Event!

The high-risk processor Payomatix is one of the many payment ventures of the British-Indian Ruchi Rathor, who became sort of famous with the collapse of her iPayTotal scheme. iPayTotal vanished with their merchants' money. The scheme's UK entity went into court-ordered insolvency with creditor claims totaling about GBP 1.1M (report here). The successor brand OctaPay vanished after a few months. Nothing about that will be discussed at the Payomatix Founder Investor Networking event in November 2022.

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August 12, 2022

Attention! Notorious Payomatix, Ruchi Rathor, And Their Indian Network Event!

Payomatix is a part of the high-risk payment processing empire of the notorious British-Indian Ruchi Rathor and its iPayTotal Group. Payomatix claims to be a PayTech startup revolutionizing the Indian payment industry through an innovative API platform. On LinkedIn, Payomatix is currently promoting its Founder Investor Networking Q3 event to be held in August 2022 in India. Ruchi Rathor will also be a speaker at this event. She certainly has a lot to tell!

August 2, 2022

Update On The FCA-Regulated Latvian PaysTree And Its Network!

In May 2022, FinTelegram published the initial report on the FCA-regulated e-Money Institution PaysTree and its network of companies and individuals. PaysTree and the network are controlled by Latvian citizens. One of the FCA-registered agents of PaysTree is the Hawex Group, which is allegedly controlled by iPayTotal founder Ruchi Rathor and her team. According to the UK Companies House PaysTree is controlled by the Swiss citizen Anselm Oskar Schmucki. Here is another update.

August 1, 2022

Whistleblower Request – High-Risk Payment Processor SumoPay!

FinTelegram readers know that in our research and reporting, we emphasize high-risk payment processors that, unfortunately, very often act as facilitators of cybercrime organizations and their illegal activities. For this reason, we also founded the cyberfinance rating agency PayRate42 together with partners a few months ago with the mission to list, review, and rate them. Today we would like to know more about the high-risk payment processor SumoPay operating in Asia.

May 6, 2022

Introducing the Latvian Fintech Hub around PaysTree!

Some 2 million live in Latvia, making it one of the smallest EU countries. However, Latvians are prominently represented in the European FinTech scene. We have reported several times about the Latvian Racket, which has operated dozens of broker scams. Latvians also have a notable presence in the UK FinTech scene, such as the PaysTree ecosphere, consisting of two FCA-regulated e-money institutions, several regulated agents, and connections to Russia. Here's a brief introduction.

Tag: Hawex Group