Tag: Olympus Prime

Belgrade boiler rooms Parogan Olympus Prime and AsgardC
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August 31, 2021

Cyprus Boiler Rooms in Belgrade II – Parogan, Olympus Prime, and Asgard

Israeli online entrepreneurs have annexed two cities in Europe - Limassol and Belgrade. The boiler room scene in Belgrade, the Manhattan of the Balkans, is still vibrant. We started our series with perhaps the most notorious boiler room operator in Belgrade, the Cyprus resident Armin Ordodary. With his Bizserve DOO, he runs a boiler room whose agents attack customers in Europe with various scams. Cypriot Nikos Andreou is also active in Belgrade through his boiler rooms Parogan and Olympus Prime. As is Pantelakis Kyriakou. But let's properly unfold the story.
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Armin Ordodary and his networkC
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August 30, 2021

Cyprus boiler rooms in Belgrade I – Notorious Armin Ordodary and his Bizserve

Belgrade was the center of the Israeli boiler rooms behind the gigantic binary options scam industry. Belgrade was literally flooded with money from the Israelis. They called it the Manhatten on the Balkans. Boiler rooms offered attractive jobs to well-educated young Belgraders. After the binary options ban in 2018 and the arrest of Israeli Gal Barak, it looked like the boiler rooms would lose importance in Belgrade. Wrong thought. Notorious boiler room operators like the Cyprus resident Armin Ordodary are still active as are boiler rooms of CySEC-regulated investment firms such as ForTrade.
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