Simona Weinglass | FinTelegram News

Tag: Simona Weinglass

September 28, 2019

Binary options lawsuits in Israel – SEC complaint was a ‘New Year’s gift for plaintiffs’ in a ‘mocking’ court environment lawyer said!

The U.S. authorities’ crackdown on the binary options scammer has had a positive impact on retail investors worldwide. The findings of the U.S. regulatory and..

September 3, 2019

Finance Magnates – Israeli broker scene shattered by Yukom judgments

Between 2012 and 2018, the Israeli binary options industry was the engine of the globally admired startup nation. Simona Weinglass has uncovered the fraudulent nature..

August 13, 2019

Breaking Development – Israeli Prosecutors indict operators of Binary Options scheme iTrader

Since 2018, the authorities in the US and Europe have taken decisive action against binary options fraudsters. Most of them are Israelis. Their schemes have defrauded tens of thousands of investors worldwide and stole up to $10 billion annually according to the FBI. Now, finally, the first binary options scheme is being accused in Israel - iTrader and its operating entity Gal Media Trader Ltd.

August 9, 2019

Lee Elbaz – the guilty verdict and its consequences for binary options scams, boiler rooms, and victims

The jury’s guilty verdict against the Israeli Lee Elbaz for binary options fraud will have a huge impact. Lee Elbaz was CEO of Israeli boiler..

July 31, 2019

Yukom Case – Lee Elbaz blames client-victims and justifies systematic lying

Lee Elbaz stood trial on Tuesday to tell the jury that she may have lied to clients about her name and her experience in financial..

June 23, 2019

23Traders Update – Giora Tal, Sotar International, Market Giants, and some tax considerations

We have received further information since the publication of our initial report on the background of the 23Traders Binary Options scam. The involved Israeli tax..

June 18, 2019

Yukom Case – Owner of binary options firm Yossi Herzog indicted, no longer willing to testify without immunity

FinTelegram reported yesterday that the indictment filed by the U.S. prosecutors in the binary options fraud case involving Israeli Yukom Communications and its platforms BinaryBook..

June 10, 2019

Breaking News – ‘Wealth Recovery International’ shuts down Israel operation after founder pleaded guilty to binary options fraud

The founder and boss of Wealth Recovery International (WRI) scam Austin Smith was sentenced to 12 months in prison in the United States. He had first stolen from customers as the manager of a binary options boiler room in the Yukom scam and then stole from them again as a so-called fund recovery expert. He promised to get back the money he had stolen from them in the first place. He concealed these connections from his WRI clients and demanded them to pay high fees for his fraud services. Smith pleaded guilty.

February 11, 2019

Illegal Broker Scheme’s New Home: Good Morning Georgia!

Update Feb 11, 2018: We received information and documents that some of the top managers of the illegal Bulgarian scheme of Gal Barak already moved..

December 30, 2018

Binary Options Fraud: Israel Prosecutors Finally Start Acting

For many years, Israel has been the home of the binary options fraud industry. With their boiler rooms, online marketing power houses and illegal broker..

November 27, 2018

INVEST.COM: THE BINARY OPTIONS & CRYPTO FRAUD CASES IN ISRAEL

FinTelegram has reported the transformation of the now forbidden binary options industry into the cryptospace several times over the last months. With their illegally earned..

October 15, 2018

GERY SHALON’S INTERNATIONAL CYBERCRIME ENTERPRISE AND ITS EUROPEAN-RUSSIAN CONNECTION

It is most certainly the largest cybercrime case in history to date, with political repercussions ranging from Russia to Europe, Israel, and the United States...

Cash Cow Crypto: U.S. CFTC Enforcement Sets Records in FY 2024 with $17.1 Billion in Monetary Relief!

The U.S. Commodity Futures Trading Commission (CFTC) achieved a landmark year in FY 2024, securing over $17.1 billion in monetary relief, including $2.6 billion in civil penalties and $14.5 billion in restitution. The agency’s groundbreaking actions spanned digital asset (crypto) markets, voluntary carbon credits, and major compliance cases, highlighting its leadership in safeguarding market integrity.

U.S. DOJ’s Whistleblower Pilot Program: 250+ Tips in Just Months!

Whistleblowers are the only effective way to fight financial crime. The U.S. DOJ whistleblower pilot program has already proven effective, generating over 250 tips of potential misconduct since its launch in August, according to Principal Associate Deputy Attorney General Marshall Miller. According to a Reuters report, the initiative targets corporate malfeasance and encourages internal self-disclosure by companies.

Online Gambling: Lokinvestigation in Curaçao, its Maltese Connections, and How to Shut Down!

For many years, the far-far-away Curacao was the regulatory mecca of global online gambling. But that is over. The Lokinvestigation, spearheaded by opposition politician and forensic investigator Dr. Luigi Faneyte, reveals systemic failures and alleged corruption in Curaçao’s online gambling sector. With ties to Maltese investors and global financial networks, the report demands transparency but also carries political implications.

KTM’s Collapse: How Pierer and Blazicek Possibly Misled Investors and Profited Amid a €2.9 Billion Crisis!

The recent insolvency filing by KTM AG, Europe's largest motorcycle manufacturer, has unveiled significant managerial failures under CEO Stefan Pierer and Chairman of the Supervisory Board Josef Blasicek of Pierer Mobility AG. Despite clear indicators of financial distress, the company continued to distribute substantial dividends, misleading investors about its fiscal health. Here is an investor update on the KTM case.

Investor Briefing

Investor Briefing: Why Elon Musk’s SpaceX is valued at $350 Billion!

SpaceX, Elon Musk's private aerospace company, is reportedly in discussions to sell insider shares at a valuation of approximately $350 billion. This would be double what the company was reportedly selling shares at one year ago. In December 2023, Bloomberg reported SpaceX shares were being sold at a $175 billion valuation. Musk's closeness to Trump is apparently paying off.