Tag: Ormat

Israeli lawyer Moshe Strugano, long exposed by FinTelegram as one of the legal facilitators of the Israeli binary-options fraud industry, has reportedly been arrested in Greece at the request of U.S. authorities. According to Calcalist, the arrest relates to the U.S. insider-trading case over Ormat’s 2018 acquisition of U.S. Geothermal, in which Strugano allegedly made around $1.2 million in illicit profits.

FinTelegram has tracked Israeli lawyer Moshe Strugano for years in connection with the global binary-options ecosystem. A new whistleblower tip claims Strugano was arrested in Athens at the end of July and is contesting extradition. We have not verified this. What is verified: parallel SEC (civil) and DOJ/SDNY (criminal) insider-trading actions filed in 2022.