Tamir Zoltovski | FinTelegram News

Tag: Tamir Zoltovski

August 8, 2022

Cold Case Review: Disgraced Israeli Payment Processor Bruc Bond And Its Binary Options Legacy!

It is a cold case now but still not resolved! Between 2018 and 2020, FinTelegram exposed that a group of Israeli payment processors controlled by Eyal Nachum and his partner Tamir Zoltovsky facilitated binary options and broker scams big style. They worked with entities in Montenegro or the Marshall Islands and with the regulated e-Money Institutions Bruc Bond (previously Moneta International) and International FinTech. In April 2020, the Bank of Lithuania revoked Bruc Bond's EMI license; consequently, the group vanished from Europe, but their scam-facilitating activities remain to be investigated.

June 26, 2021

Lithuanian compliance issue or why GlobalNetInt is grateful for its penalization

A penalty is usually not an occasion for gratitude. That would also make the purpose of a punishment absurd. Usually, one is grateful for a received punishment only if one is aware that one has gotten away well with this punishment and should actually have been punished much worse. A driver who is speeding while massively impaired by alcohol or other drugs certainly grateful is grateful if he is punished by the police only for speeding and not for the offense of driving under the influence (DUI). Similarly, GlobalNetInt (GNI) shows itself grateful for the penalization by the Bank of Lithuania.

May 21, 2021

Interesting German-Lithuanian Compliance Dispute about Wirecard and fintech regulation

The spot is on Lithuania! The Financial Times reported that German prosecutors suspect that more than €100M was stolen from Wirecard via the licensed Lithuanian Finolita Unio. Via this fintech, at least €35M was said to have flowed to fugitive ex-Wirecard executive Jan Marsalek and another €65M to the now insolvent company oCap (previously Senjo Trading) in Singapore. Both Finolita Unio and oCap are part of the Senjo Group, one of Wirecard's most important partners in Asia, and received a loan of €350M from the latter. Finolita Unio CEO Danas Oliskevicius rejects the accusations and blames the German BaFin.

December 21, 2020

Finally gone! Disgraced Israeli Payment processor Bruc Bond et al vanished to Singapore

The Bank of Lithuania revoked the company's EMI license in April 2020. FinTelegram has previously alerted its readers in numerous reports. For this, FinTelegram has been sued for alleged defamation in Israel. The Bank of Lithuania actually fully confirmed the reports and turned the alleged defamation into a proven fact. In the meantime, Bruc Bond has disappeared from the EU and operates on the Asian markets with a MAS license in Singapore. They have gone to conquered Asia.

September 8, 2020

Dear Bank of Lithuania – please explain your situation with International Fintech!

According to reports by Lithuanian journalist Vakaris Deksnys, the Bank of Lithuania has terminated the license of the International FinTech UAB of Israelis Eyal Nachum and Tamir Zoltovsky without providing a reason. It already happened in July 2020. No statement was given by the regulator on this matter as it would be necessary and required. That's a strange approach. How can a regulated company simply disappear form an EU regulator's list without further explanation?

September 7, 2020

Breaking News – Notorious International Fintech no longer has a Lithuanian EMI license

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.

Payobin

July 6, 2020

Troubled Bruc Bond executive calls for cooperation between banks and FinTechs

The Israeli Eyal Nachum is certainly an experienced Payment & FinTech veteran. And Nachum is just as surely familiar in dealing with the high-risk and dark business segments as payment processor. In April 2020, Nachum's Lithuanian payment processor Bruc Bond was revoked by the Bank of Lithuania for serious and systematic regulatory violations. Now he is making himself heard again.

July 6, 2020

Bank of Lithuania revokes license of Bruc Bond because of many regulatory violations

The Bank of Lithuania has revoked the license of Bruc Bond UAB (previously Moneta International UAB), the regulator announced on April 22, 2020.

July 3, 2020

About Fighting Scammers and Receiving DDoS Attacks

The FinTelegram News sites as well as the newly established ScamGrinder pages have been under heavy DDoS attacks for more than two weeks. Once again. And most likely we will be under DDoS attack as long as we breathe. This is the price of fighting cybercrime and scammers. These criminals have the financial means and the contacts to organize the Dark Web against FinTelegram News.

Payobin

February 21, 2020

It’s official – Brüc+Bond and law firm ZP Zioni Pillersdorf Phillip sent convicted thugs to FinTelegram News people!

Our FinTelegram lawyers today received a copy of the criminal files regarding the regulated Lithuanian FinTech Moneta International UAB (now Bruc Bond UAB). FinTelegram filed..

February 20, 2020

First FinTech Facilitators Report – read more on Brüc+Bond et al and their involvement in broker scams

The CyberProfilers have published their first report on the FinTech Facilitators. The report focuses on the now court-approved responsibility of payment processors for facilitating obvious..

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February 5, 2020

Bruc Bond and ZP Advocates – or how perpetrators work to intimidate FinTelegram and its partners

FinTelegram has been successfully exposing scams for almost two years now and also shows which payment service providers and lawyers have participated in these scams (in whatever role). Therefore FinTelegram is hated by the scams and their lawyers and partners. We understand that. This also applies to Eyal Nachum and Tamir Zoltovski and their various companies from Payotech Ltd (disappeared) to Moneta International ((renamed) to SeeddPay on Marshall Islands or Hermes Solution DOO in Montenegro. FinTelegram was not founded to receive the love of scammers. FinTelegram was founded to stop scammers.

How U.S. Law Enforcement Infiltrated The International Crypto Scene!

In an unprecedented move, the FBI infiltrated the crypto world with its own token, NexFundAI, to crack down on market manipulation. This case marks a significant shift in crypto enforcement, signaling that law enforcement is evolving its tactics to keep pace with the complexities of the digital asset space. As more fraudsters are exposed, the crackdown on wash trades and pump-and-dump schemes is just beginning.

Breaking: German Co-Founder of Crypto Fraud Scheme USI Tech On The Run!

USI Tech was one of the first MLM schemes to use cryptocurrencies to defraud its investors. FinTelegram has issued several warnings aginst the scheme. Horst Jicha has now gone fugitive, leaving behind a trail of defrauded investors and evading justice in the $150 million USI Tech fraud case. With Jicha on the run, the case serves as a chilling reminder of the risks in the volatile crypto world.

Binance Chief Financial Crime Compliance Officer Denied Bail in Nigerian Case!

Think twice before starting to work for the world's larger crypto exchange. As Binance’s financial crime compliance officer faces money laundering charges in Nigeria, questions mount over the company’s compliance safeguards and the risks involved in its global operations. The denial of bail for Tigran Gambaryan and the ongoing legal battle could have far-reaching implications for the company’s future.

Fintech

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.