Tag: Payobin

In a shocking turn of events, the Supreme Administrative Court of Lithuania (SACL) ruled that ABC Projektai, formerly Bruc Bond and Moneta International, can regain its e-money license. This decision raises serious questions, given the firm's notorious involvement as a payment processor for the fraudulent binary options industry. Bruc Bond, established by the Israelis Eyal Nachum and Tamir Zoltovsky, was infamous for facilitating vast binary options fraud schemes.

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.

The International FinTech UAB of the Israelis Eyal Nachum and Tamir Zoltovsky has no more license in Lithuania. Thus, within a few months, the two Israeli payment pundits have lost both regulated companies in Lithuania. Already in April 2020, the Bank of Lithuania withdrew the license of Bruc Bond (formerly Moneta International) due to systematic violations of the compliance guidelines and problems with money laundering. At present, it is not clear why International Fintech has also lost its license.

The CyberProfilers have published their first report on the FinTech Facilitators. The report focuses on the now court-approved...

The Israeli Eyal Nachum has a long history as a payment service provider (PSP) in the binary options industry....

FinTelegram has received information that the authorities in Poland and other EU member states are investigating the payment service...

A few days ago FinTelegram published the report about the binary options scheme Tradorax and explained the background. Although...

Update Aug 28, 2019: Fintelegram is informed that the client of ICoption took legal action against the evidently innocent...

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

After Lee Elbaz was sentenced by a U.S. jury for fraud with binary options around Yukom and the schemes...

Between 2014 and 2018 they were the new kings of the financial world. The Israeli Binary Options Masterminds like...

Having 18 months of intensive work behind FinTelegram uses the summer heat to further its fight for a safe...