Tag: James Morra

Gal Barak was the principal of the cybercrime organization E&G Bulgaria a/k/a E&G Finances, which operated numerous broker scams and boiler rooms. An Austrian court sentenced him in September 2020 to several years in prison and a restitution payment in the millions. The Bulgarian Dimitar Moralyiski a/k/a James Morro, a leading associate in one of the Bulgarian boiler rooms, was sentenced to 54-months of prison time. Recently, Barak was released on parole, and now E&G Finances is looking for employees. Specifically, Megi Velichkova has advertised the position of Sales Manager for E&G Finance on her LinkedIn profile.

E&G Bulgaria allegedly defrauded tens of thousands of consumers in Europe out of more than €200 million with its scams According to law enforcement agencies in Germany, Austria, and Switzerland, the principals of this organization were Israelis Gal Barak and Gery Shalon and their Russian partner Vladislav Smirnov. Barak was sentenced in Austria in September 2020 to four years in prison and restitution payments in the millions for investment fraud and money laundering. His wife, Marina Barak, who was also charged, was acquitted; the prosecutors appealed.

Israeli Gal Barak was one of three principals of the cybercrime organization E&G Bulgaria. Barak's Bulgarian wife, Marina Barak (formerly Marina Andreeva), served as chief financial officer. Gal Barak was arrested in early 2019 and sentenced to four years in prison for investment fraud and money laundering in Vienna, Austria, in September 2020. He was to be extradited to Germany for further charges but was silently released nearly six weeks ago and vanished to Israel in a private jet.

Gal Barak was sentenced in the Vienna Cybercrime Trials as one of the masterminds behind the cybercrime organization E&G Bulgaria to four years in prison and millions in restitution payments for investment fraud and money laundering. His Bulgarian wife Marina Barak faces the same charges and is currently on trial. Gal Barak gave false testimony at the trial of his wife and was consequently charged by the prosecution for that. As private prosecutors, the EFRI lawyer and its principal Elfriede Sixt accompany the trials representing the victims' voice!

Israeli Gal Barak was sentenced to four years in prison for investment fraud and money laundering as one of the principals of the cybercrime organization E&G Bulgaria in the Vienna Cybercrime Trials in September 2020. His wife, Marina Barak, is also charged and is currently on trial. Gal Barak is currently being extradited to Germany, where he will also be charged. In Germany, a former Bulgarian co-conspirator responsible for dozens of victims as boiler room manager is already waiting in prison. This Bulgarian going by the stage name James Morra earned a small fortune by defrauding unsuspecting victims.