Uwe Lenhoff | FinTelegram News

Tag: Uwe Lenhoff

November 30, 2022

Funny: CySEC Fined Suspended Binary Options Perpetrator Novox With €100!

The CySEC board informed that it imposed an administrative fine of €100 on Novox Capital Ltd since it did not successfully submit the QST-CIF Form to CySEC for the first quarter of the year 2022 within the set deadline, as required by Circular C497 of CySEC. Effective October 1, 2022, former binary options broker Novox Capital has voluntarily suspended due to acquisition and restructuring. The website is offline.

November 2, 2022

New Allegations Against Payvision Founder Rudolf Booker, Who Sees A Witch Hunt!

Since the money-laundering prosecution of Payvision and its founders became known, the Dutch media has been intensively interested in the founder Rudolf Booker but also in the role of ING. In an interview with Financieele Dagblad, Rudolf Booker sees a witch hunt against him. The authorities are investigating whether ING paid an inflated purchase price for Payvision. Booker indignantly rejects all accusations and points to ING.

October 16, 2022

The Payvision Financial Crime Scene Unfolds By The Minute!

The Dutch authorities and media now target ING and its subsidiary Payvision. The financial newspaper FD yesterday published another report about the investigation of the Dutch regulator DNB and the alleged financial criminal activities of Payvision. Its CEO Rudolf Booker is said to have personally given instructions to work with scammers such as Gal Barak and Uwe Lenhoff. Payvision executive Andre Valkenburg recently lied in court filings and claimed he would know of no investigations.

September 24, 2022

The Payvision Case Continues With Lawsuits!

ING subsidiary Payvision was one of the largest payment processors of fraudulent binary options providers between 2014 and 2019. Founded by Rudolf Booker shortly after the turn of the millennium, Payvision processed victims' deposits for the major scam networks of Gal Barak and Uwe Lenhoff. According to the aggrieved victims, Payvision laundered money for their scam clients with full knowledge of their criminal nature. Therefore, some scam victims now want to file lawsuits against Payvision. Here is the Payvision Case video.

August 14, 2022

Breaking: Veltyco Cybercrime Scheme Manager Sentenced To 12-Year Prison Term!

The first trial in the so-called Veltyo Cybercrime Scheme was held in Saarbruecken, Germany. The defendants were two Kosovans, Betim Tasholli, Azem Spahiu, and the Syrian Mohamad Shaker. Tasholli was the boiler room manager in Pristina, Shaker was responsible for the boiler room in Prague, and Spahiu was responsible for coordinating affiliate marketing around the scam brands Option888, ZoomTrader, TradoVest, or XMarkets. The Court sentenced Azem Spahiu to a 12-year prison term. Tasholli and Shaker are allegedly on the run.

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.

July 1, 2022

EFRI Sends Open Letter To ING CEO And Dutch Regulator Over Payvision Procedure!

Founded by Rudolf Booker in Amsterdam some 20 years ago, Payvision was acquired by ING in 2018 at a valuation of €360 million. ING then discovered that Payvision was a high-risk payment processor that primarily served ethically unacceptable industries such as porn or gambling. In addition, Payvision was a facilitator and money launderer for broker scams. In 2020, ING sold the unethical business back to the Payvision founders for a symbolic euro. In 2021, ING announced that it had decided to close Payvision after an extensive review. Currently, this closure is being processed but Payvision victims are not compensated.

June 16, 2022

Disgraced Canadian BitRush Corp Announces Grant Of Stock Options!

BitRush (BRH) used to be one of the first public-listed crypto companies in 2015 when it was approved for a listing on the Canadian Securities Exchange (CSE). Werner Boehm and Alfred Dobias established the company. They listed it at the CSE with Slovakian entrepreneur and investor Igor Wollner and his partner Hans-Joerg Wagner, with Boehm acting as CEO. In 2016, Wollner and Wagner wanted to sign a contract with cybercrime mastermind Uwe Lenhoff to launder money through BitRush.

June 15, 2022

Corruption Case: MGA Halted Gaming Applications Linked To Former Bet90 Director Iosif Galea!

Bet 90 Sports Limited d/b/a Bet90 in Malta is regulated by MGA and was a venture of the Veltyco cybercrime organization of alleged cybercrime mastermind Uwe Lenhoff and his partner Betim Tasholli. While Lenhoff died in pre-trial detention in the summer of 2020, Tasholli is currently being tried in Germany. The former MGA official Iosif Galeo used to be the director of Bet90 in Malta. Recently, he has arrested in Italy with an EU arrest warrant. Additionally, he is suspected to be part of an MGA-centered corruption racket.

June 9, 2022

Interesting! Notorious Belgrade Law Firm Vujosevic & Partners Temporarily Closed!

Montenegrin-born lawyer Marko Vujosevic had a thriving law practice in Belgrade until 2020. His law firm participated in the fraudulent binary options industry and procured dozens if not hundreds of work permits for Israeli citizens. With the cybercrime masterminds, Uwe Lenhoff and Gal Barak co-founded the illegal payment processor Global Payments Solutions DOO (GPS) in Podgorica that laundered millions for binary options like Option888 or TradoVest. After a lost defamation claim, Vujosevic's law firm seems to have vanished. Google says it is temporarily closed.

June 3, 2022

Prison Time! German Law Enforcement Goes Against Malta’s Licensed Gaming Firms!

German law and tax enforcement agencies have recently started investigating international iGaming companies operating in Germany. Several MGA-regulated Malta-based iGaming companies received letters from the German tax authorities. iGaming operators are subject to German VAT and sports betting tax if the German market is targeted. Not reporting these taxes is seen as tax evasion and thus a criminal offense and causes liability for the directors such as Iosif Galea. He was arrested!

June 1, 2022

The Next Indictment In the E&G Bulgaria Cybercrime Case With Payvision!

The E&G Bulgaria Cybercrime Scheme is dealt with by German prosecutor Nino Goldbeck in Bamberg. The German prosecutor informed that the boiler room agent Sasa Siler has also been charged for allegedly defrauding German-speaking victims with OptionStarsGlobal, XTraderFX, or Trade Capital. The mastermind behind E&G Bulgaria was the Israeli Gal Barak with his wife Marina Barak and their partners Gery Shalon and Vladislav Smirnov.