Hermes Solution | FinTelegram News

Tag: Hermes Solution

September 13, 2020

Bruc Bond and the crumbling Israeli FinTech empire

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.

May 14, 2020

The EFRI Mission – Involving Regulators and Prosecutors to Recover Funds for Defrauded Investors

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.

November 28, 2019

Breaking News – Criminal Complaints against scam broker perperators in Montenegro and Serbia

FinTelegram has received information that lawyers in Tel Aviv, Israel, and Belgrade, Serbia, on behalf of EU victims of various scams such as Option888, KayaFX,..

August 21, 2019

The Moneta International Report – A research report on the Binary Options era and its networks

Over the last weeks and months, we have painstakingly worked through the history behind the Moneta International UAB, which is registered in Lithuania as a..

August 19, 2019

Request for Information – Hermes Solutions, ProActive Trader, ICoption, TitanTrade, and other scams

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

August 9, 2019

Announcement – FinTelegram 2.0, CyberSecurity Profilers, and how to intensify the fight against cyberscams

Having 18 months of intensive work behind FinTelegram uses the summer heat to further its fight for a safe online investment market. Hence, in another..

July 22, 2019

Broker scams and fund recovery – FinTelegram and EFRI arrived in Israel

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

July 18, 2019

Broker Scams: BinaryBook, GreyMountain, MigFin, Payobin and the compliance issue

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

July 4, 2019

Binary Options Legacy – Payobin, Umbrella, ICoption and the tax question

A while ago FinTelegram reported about the lawsuit of Pay o bin Ltd (Payobin Ltd) against the US company Umbrella Onlinetech LLC. The complaint was..

July 1, 2019

Hermes Solution closing down in Podgorica?

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

June 21, 2019

BinaryBook and Yukom – background information, people, and companies

The major criminal case in the US against the binary options fraudsters and their accomplices begins on July 16, 2019, with the trial against Lee..

June 17, 2019

Payment Services Provider Hermes Solution exposed again in facilitating fraudulent broker schemes

In recent weeks, we have investigated the scam brokers associated with the unauthorized payment service provider (PSP) Hermes Solution Podgorica DOO. Almost every day new..