Tag: Hermes Solution

The two Israeli FinTech entrepreneurs Eyal Nachum and Tamir Zolovsky are not having a good time right now. Amidst the COVID-19 pandemic, their two licensed EU e-Money Institutions Bruc Bond and International Fintech saw their licenses terminated. In the case of Bruc Bond because of systematic compliance violations and problems with money laundering. Nachum, Zoltovsky. and their various payment processors have a long track record in the scam area.

The European Funds Recovery Initiative (EFRI), co-founded by FinTelegram, is specialized in the recovery of funds of investors who have been defrauded by investment scams. Furthermore, EFRI sees itself as an advocate for investors and investor protection. Currently, EFRI has been granted a Power of Attorney by more than 800 victims which have been defrauded of more than EUR 34 million. The approach applied by EFRI differs in several aspects from the activities of lawyers and other organizations in the recovery business. Also because EFRI is organized as an initiative and association of victims.

FinTelegram has received information that lawyers in Tel Aviv, Israel, and Belgrade, Serbia, on behalf of EU victims of...

Over the last weeks and months, we have painstakingly worked through the history behind the Moneta International UAB, which...

FinTelegram received information connected to binary options scams around David Cartu. These include court documents provided by retail investors who have already filed criminal complaints in various jurisdictions.

Having 18 months of intensive work behind FinTelegram uses the summer heat to further its fight for a safe...

At the end of last year, FinTelegram set up the European Funds Recovery Initiative (EFRI) together with the auditor...

In the US, the landmark trial in the Yukom Case began on July 16, 2019. The accused are Lee...

A while ago FinTelegram reported about the lawsuit of Pay o bin Ltd (Payobin Ltd) against the US company...

Finance Magnates today published an article on the problems of Forex retail brokers with banks and payment service providers....

The major criminal case in the US against the binary options fraudsters and their accomplices begins on July 16,...

In recent weeks, we have investigated the scam brokers associated with the unauthorized payment service provider (PSP) Hermes Solution...