Southern Israel Bridging Fund

Tag: Southern Israel Bridging Fund

September 20, 2022

The Successful Partnership: BridgerPay Facilitates Unauthorized Offshore Broker Equiti!

The Equiti Group is a global Forex and CFD broker regulated by the Jordan Securities Commission, the FSA Seychelles, and the FCA in the UK. However, Equiti illegally offers a 1:500 leverage also to European clients. BridgerPay is a VISA-registered Merchant Servicer and the operator of an AI-powered payment platform. In November 2020, Equity reported a 30% increase in global deposit approvals with BridgerPay. Today, Gareth Bateman, Global Head of Payments, praised BridgerPay for its services on LinkedIn.

August 14, 2022

Interesting! The Israeli Real Estate Business Follows FinTech Investors To Cyprus!

It is no secret that EU member state Cyprus is the center of the global Israeli financial industry, including forex schemes and the high-risk payment segment. Just over an hour's flight from Tel Aviv, Cyprus is a tax haven for Israeli entrepreneurs off their shores and the front door to the European Union's common market. That's why FinTech entrepreneur Ran Cohen has established his BridgerPay in Limassol, Cyprus, for example. His wife Linor Cohen runs several real estate companies and helps Israeli compatriots find real estate and tax savings in Cyprus.

May 22, 2022

BridgerPay Appoints Laoura Salveta As Head Of Marketing

BridgerPay recently announced the closing of a $6 million financing SIBF and has scheduled the Future of Payments event in Limassol for May 25, 2022. Just in time for this globally broadcast event, BridgerPay has announced Laoura Salveta engagement as Head of Marketing. According to her LinkedIn profile, Laora comes from the Forex field and therefore has experience in financial marketing. Most recently, she served as Chief Marketing Officer and Director at 120advertising.com in Cyprus.

Solaris Bleeds Cash and Jobs: Can This High-Risk Fintech Survive, Let Alone IPO?

Solaris, a German fintech and neobank, has a long history of compliance troubles. Moreover, its ongoing financial losses and regulatory woes doubt its long-term profitability, even as it sheds jobs and restructures for survival. A potential IPO, as rumored by the German platform Gründerszene, seems speculative at best in light of its deep-rooted issues with compliance and financial stability.

Breaking: The Binance-Like $3.1 Billion Money Laundering Settlement of TD Bank!

TD Bank, one of North America's largest financial institutions, has been hit with a historic $3.1 billion settlement over money laundering violations. This case represents one of the most significant AML enforcement actions in U.S. history, both in terms of the financial penalties imposed and the severity of the admitted misconduct. Only Binance, with its $4.1 billion settlement, was even larger.

Gotbit and Russian Executives Charged by U.S. DOJ and SEC for Crypto Market Manipulation!

Gotbit Consulting LLC, along with its Russian executives, has been charged by the U.S. DOJ and SEC for its role in a widespread market manipulation scheme. By using wash trades, Gotbit inflated crypto asset prices and volumes, deceiving investors and raising millions in illicit profits. The company’s fraudulent activities were executed across multiple jurisdictions, with key figures now facing extradition and prosecution.

SEC Charges Market Manipulators in Crackdown on Crypto Asset Fraud

The U.S. SEC has charged three market makers and nine individuals for manipulating the crypto asset market, generating artificial trading volumes and misleading retail investors. The fraudulent schemes created the illusion of active markets, prompting unsuspecting investors to pour money into manipulated crypto assets. The DOJ filed criminal charges against the scheme operators in a parallel transaction.

U.S. DOJ Charges 18 Individuals and Entities in Global Crypto Fraud Crackdown!

The U.S. DOJ has charged 18 individuals and entities in an international operation targeting market manipulation and fraud in the crypto industry. The defendants, including market makers and token promoters, are accused of using wash trading and false trading activity to deceive retail investors and artificially inflate crypto prices. This is the first major criminal case of its kind in the crypto market.