Rudolf Booker | FinTelegram News

Tag: Rudolf Booker

October 30, 2021

Breaking News! ING closes down Wirecard Mini-me Payvision!

It was expected! ING subsidiary, founded and headed by Rudolf Booker, has been a massive facilitator for cybercrime organizations, scams, and shady high-risk businesses. As a payment processor, for example, Payvision laundered tens of millions for Israeli cybercrime kingpin Gal Barak and his scams until shortly before his arrest in early 2019. Recently, the European Fund Recovery Organization (EFRI) has filed a lawsuit against Payvision on behalf of the victims. The company's reputation was recently destroyed. Now, ING announced it would "phase out" Payvision.

September 23, 2021

R4I – The Amsterdam-New York Connection with Safened, fourthline, and Payvision spin-off Cetler

Safened is the trading name of Safened-Fourthline Limited, a company licensed by the FCA as an Authorised Payment Institution since May 2018. Safenet-Fourthline Opco Holding B.V. in Amsterdam controls the company, says UK Companies House. A director of Safened-Forthline is Payvision founder Rudolf Booker. SafeNed Deposits B.V. in Amsterdam is also connected to Safened. All companies are registered at Tesselschadestraat 12 in 1054 Amsterdam. The Payvision spin-off Cetler B.V. is also located there.

September 22, 2021

U.S. Fraud Complaint against T1 Payments, Payvision and its spin-off Cetler

There is no end to the drama surrounding the disgraced Dutch FinTech and high-risk payment processor Payvision. The ING subsidiary and its founders Rudolph Booker, Gijs op de Weegh, and Cheng Liem Li have been facing allegations of having facilitated scams and cybercrime for many years. In addition to criminal investigations and victims' claims, there are also lawsuits in the U.S. filed against Payvision and its spin-off Cetler. They allegedly were working in collusion with the T1 Payments group. Here's the story.

September 2, 2021

Finally! ING’s scam-facilitating subsidiary Payvision may be closed down!

Rudolf Booker is said to spend a lot of time on his €30M yacht. The running costs of the yacht are €3M per year. Well, ok. He has enough time and money. He sold FinTech Payvision, which he founded and led as CEO, to ING in 2018 at a valuation of €360M. Booker and Payvision mainly served high-risk merchants, scams, and cybercrime organizations. Booker personally was well acquainted with leading scammers like Uwe Lenhoff and Gal Barak. Now the victims of these scammers want their money from Payvision. And ING considers to close down its troublesome subsidiary, local media reports.

June 10, 2021

The incredible story of Wirecard Mini-me Payvision and its founder Rudolf Booker

Amsterdam FinTech entrepreneur Rudolf Booker founded the payment processor Payvision in 2002 and ran it more or less successfully. The business evidently took off in 2015 when Amsterdam real estate investor Dirk-Jan Bakker introduced German cybercrime activist Uwe Lenhoff to Booker. Lenhoff and his partners brought dozens of fraudulent binary options operators to Payvision, where Booker welcomed them with open arms. In 2018, Booker sold Payvision to ING for €360 million, fully packed with high-risk and illegal clients; in April 2020, he and his co-founders left Payvision.

May 1, 2021

Breaking News – Criminal complaints against Payvision and its founders

Payvision and its founder and former CEO Rudolf Booker are already subjects of the criminal proceedings in Germany and Austria. Uwe Lenhoff, the alleged mastermind of a cybercrime organization, was arrested in January 2019. He was a personal friend of Booker and used Payvision for his dirty business. Rudolf Booker was introduced to Lenhoff by Amsterdam real estate investor Dirk-Jan Bakker, a partner of Lenhoff, who was found dead in his prison cell in July 2020. Criminal charges have now been filed against Payvision and its founders for money laundering and investment fraud.

January 17, 2021

Payvision and Vienna Cybercrime Trials – Let’s scam the scammers and the EFRI Campaign

Oh yes, the alleged German cybercrime mastermind Uwe Lenhoff was a very good acquaintance of Payvision founder and CEO Rudolf Booker. They spent skiing vacations together in Austria and communicated a lot. Thanks to the frequent and very open communication between Lenhoff and Booker, their business details can be found in the criminal files. They show how high-risk payment processors work.

December 13, 2020

Money Laundering Challenge – UBS CEO Ralph Hamers struggles with his ING and Payvision legacy

Ralph Hamers has only been the new CEO of Swiss UBS for a few weeks. For a few days now, he has been struggling to survive in his new job. An old money-laundering scandal of the ING came up again. The bank signed a settlement with the public prosecutor's office and had to pay the record fine of €775 mio. A ruling by The Hague Court of Appeal now forces the Dutch prosecution to start a probe into Hamers' responsiblity. Money-laundering is no longer perceived as a legally irrelevant trivial offense by bank directors.

December 13, 2020

Money Laundering Challenge – UBS CEO Ralph Hamers struggles with his ING and Payvision legacy

December 9, 2020

Breaking News – The Hague Court of Appeal ruled that former ING CEO Ralph Hamers can be prosecuted for money-laundering

The ruling of the Court of Justice in The Hague ruled that the former CEO of ING, Ralph Hamers can be prosecuted for an ING money-laundering scheme. In 2018, ING admitted that it had facilitated money-laundering agreed to pay €775 million to settle the case. Some individuals, however, had filed criminal complaints against the then ING CEO Ralph Hamers but the public prosecutors' office in Amsterdam had rejected the charges and declared them inadmissible. The court in The Hague has now admitted the charges.

December 9, 2020

Breaking News – The Hague Court of Appeal ruled that former ING CEO Ralph Hamers can be prosecuted for money-laundering

November 14, 2020

The Payvision Story continued – Fourthline and Cetler are the new playgrounds

The largest Dutch financial newspaper Het Financieele Dagblad has continued the story with Payvision and ING with an impressive piece of investigative work. In addition to the data he received from FinTelegram and EFRI, Betlem did extensive research of his own and concludes in his two reports that Payvision was and is a horror project for ING. The founder team with Rudolf Willem Booker, Gijs op de Weegh, and Cheng Liem Li had to leave the company in April 2020.