Leeav Peretz | FinTelegram News

Tag: Leeav Peretz

August 22, 2024

The Cartu Brothers and the GMM Fraud Scheme: An Absurdly Luxury Lifestyle Financed by Devasted Victims!

The recent arrest of Joshua “Josh” Cartu in Russia has reignited interest in one of the most notorious financial fraud cases of the past decade—the binary options scheme orchestrated by the Cartu Brothers, centered around the Irish company GreyMountain Management (GMM). Tens of thousands of victims worldwide are still seeking justice and the return of their lost funds, which allegedly financed the extravagant lifestyles of the Cartu Brothers.

August 21, 2024

Breaking: Binary Options Fraudster Joshua Cartu Arrested in Russia!

According to a report published by the Times of Moscow, Russian law enforcement authorities have detained Joshua Cartu, a prominent figure in the notorious Cartu Brothers' binary options fraud scheme. Cartu, a 45-year-old Israeli-Canadian entrepreneur and racecar driver, was apprehended at St. Petersburg’s Pulkovo International Airport by the Interior Ministry’s Interpol bureau. The Cartu Brothers operated the GreyMountain Management (GMM) Binary Options fraud scheme.

March 30, 2024

Attention: CFTC Opens Door for Whistleblower Claims in $204 Million GreyMountain Management Binary Options Fraud Scheme!

The U.S. Commodity Futures Trading Commission (CFTC) has announced a significant development in its crackdown on fraudulent binary options operations, highlighting the case against the vast binary options fraud scheme GreyMountain Management (GMM), and its three Israeli owners. This case is part of a broader action against a sophisticated binary options fraud scheme linked to the Canadian-Israeli Cartu Brothers—David, Joshua, and Jonathan Cartu.

March 14, 2024

Bravo: U.S. Court Orders Binary Options Fraudsters Behind Grey Mountain Management to Pay Over $204 Million in Monetary Sanctions!

A U.S. District Court has delivered a significant blow to the notorious binary options fraud scheme GreyMountain Management (GMM) led by Jonathan Cartu, Leeav Peretz,..

June 29, 2022

The Cartu Brothers And Their Directors Sued In Ireland Over Alleged Binary Options Fraud!

The Canadian-Israeli brothers David Cartu and Jonathan Cartu, together with Joshua Cartu, are at the very center of a gigantic binary options fraud scheme around the Irish GreyMountain Management Ltd. The Irish Times reports that the Florida-based investor William Thomas Powers and more than 30 other investors sue David Cartu, Jonathan Cartu, and the former Irish directors Ryan Coates and Liam Grainger over more than $4 million in losses. GreyMountain Management Ltd was wound up. The court case started on 28 June 2022 before Justice Michael Twomey.

CFTC
OSC

October 21, 2021

Whistleblower campaign – U.S. and Canada authorities search for Cartu Brothers!

The Israeli-Canadian Cartu Brothers - David Cartu, Joshua Cartu, and Jonathan Cartu - are notorious binary options scammers and are in big trouble with regulators and law enforcement agencies in the U.S. and Canada. In Toronto, the Ontario Securities Commission (OSC) has brought a fraud complaint against the brothers. The U.S.CFCT has also sued the brothers for alleged binary options fraud in Texas. David Cartu is also notorious for his proximity to Wirecard. Insiders claim he was a major Wirecard shareholder.

August 10, 2021

CFTC’s Notice of Allegation in the fraud complaint against Cartu Brothers and other Defendants

The U.S. CFTC filed a fraud complaint against David Cartu, Joshua Cartu, Jonathan Cartu ("Cartu Brothers"), and others in September 2020 alleging vast binary options fraud in the amount of $165 million. The lawsuit could not be served by the CFTC or the relevant U.S. court. So, the CFTC, through paid advertisements in media outlets such as The Times of Israel, has conceded notice of the lawsuit, including notice of meetings and deadlines. Below is yesterday's advertisement from the Times of Israel. As a courtesy to the CFTC and in support of the victims, we are also posting this Legal Notice here on FinTelegram.

May 28, 2021

Really? Canadian OSC and its dirty settlement with former Wirecard partner GMM

The Canadian-Israeli Cartu Brothers were the operators of a $165M binary options fraud scheme, according to the U.S. Commodity Futures Trading Commission (CFTC). As a result, the U.S. regulator filed a fraud complaint against David Cartu, Joshua Cartu, Jonathan Cartu, and Nati Peretz, and Leeav Peretz. The Canadian regulator OSC has also taken action against the Cartu brothers for binary options fraud. But now, the Cartu Brothers can buy their way out of the OSC fraud charges for just CAD 300,000. A bargain the brothers will probably laugh about for a long time.

September 3, 2020

Binary options fraud – Notorious Cartu Brothers charged by U.S. CFTC

It is a court season for the fraudulent binary options industry and its perpatrators. Among the worst scammers were David Cartu and his brothers. After the Canadian regulator OSC had already sued them for binary options fraud, the U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action. The regulator charges six individuals and four companies with operating a fraudulent binary options trading scheme that received over $165 million via their Irish GreyMountain Management Ltd.

Swiss Regulator Seizes $15 Million from Private Bank Mirabaud Connected to a Vast Money Laundering and Tax Evasion Case!

Swiss regulator FINMA has seized $15 million from Geneva-based private bank Mirabaud & Cie for serious breaches of financial market law and money-laundering obligations. The bank failed to conduct proper due diligence on a deceased businessman accused of tax evasion, managing up to $1.7 billion in assets linked to him. Despite Mirabaud's efforts to keep the case private, a Swiss court has now made it public.

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Does Sam Bankman-Fried’s Appeal Stand a Chance?

Sam Bankman-Fried’s legal team has filed an appeal to overturn his 25-year sentence, arguing that his trial was tainted by bias. The appeal claims that crucial evidence, including the solvency of FTX, was withheld from the jury. However, legal experts are skeptical about the chances of success, given the high bar for overturning such convictions. Lesson to be learned: bankruptcies are dangerous for all concerned.

Wanted: Connectum Voluntarily Restricts Business After FCA Audits and Vanished Into Thin Air!

Connectum, once a key player in facilitating payments for cybercrime organizations, has seemingly vanished after voluntarily restricting its business operations following FCA audits. The payment institution, now controlled by Cambodian PEP Sokha Heng, stopped offering services as of May 22, 2024, and its email address is no longer functional—raising concerns about the company’s current status. Connectum is wanted by fund recovery organization EFRI for victim compensation payments.

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Global Law Enforcement Action Dismantles Ghost Platform Used by Organized Cybercrime!

In a coordinated international crackdown, authorities have dismantled the Ghost encrypted communication platform, which criminal organizations had used for activities including drug trafficking, money laundering, and violent crime. Over 50 arrests were made globally, and drugs, cash, and encrypted devices were significantly seized. Europol led the operation, which involved law enforcement from nine countries.

Cyprus Real Estate Firm Partners with Notorious CryptoProcessing for Crypto Payments! And Some Background!

Anything is possible in Cyprus. Especially when it comes to cyber finance and illegal gambling and financial platforms. Cyprus was the global hub for illegal and fraudulent binary options. Providers of crypto services have also found a home there. The island is also home to the Dream Hill real estate company, which now offers the purchase of apartments via cryptocurrencies. The partner for this is CryptoProcessing. Here is the most important thing in Telegram style.