2.6 C
New York
Tuesday, March 24, 2026
spot_img

Tag: Theodore D. Chuang

Yukom Binary Options Trial – Israeli Boiler Room CEO Lee Elbaz sentenced to 22 years prison term

In the sentencing, the US Judge Theodore D. Chuang says Lee Elbaz, the former CEO of the Israeli binary options scam operator Yukom Communications Ltd, was responsible for the targeting of elderly, vulnerable victims in the $140 million fraud. Yukom operated the boiler rooms behind the binary options scheme BinaryBook and BigOption. Elbaz, in turn, pointed her finger at her former principals, the Israeli Yossi Herzog and Kobi Cohen. Elbaz's defense line worked at least to a certain degree. She wasn't gieven the 34-year prison term the prosecutor asked the court for.

Yukom Case – Court denies request for release of convicted binary options CEO Lee Elbaz

On August 7, 2019, a U.S. jury found Lee Elbaz, the former CEO of binary options operator Yukum, guilty...

Yukom Case – Boiler room agent Yair Hadar sentenced to 8 months prison, community service and $1.2 million restitution payment

On Monday, another Boiler Room agent from the Yukom scheme was sentenced in the USA. New York-born Israeli Yair...

Yukom Case – binary options scheme’s CEO Lee Elbaz faces potential life imprisonment U.S. Government says

On August 6, 2019, the Israeli citizen Lee Elbaz was found guilty of fraud with binary options by a...

Yukom Case – in latest Pre-Trial decision court refused to grant immunity to Yossi Herzog

Maria Nikolova of FinanceFeeds reported yesterday that Judge Theodore D. Chuang of the Maryland District Court has denied a...