Uwe Lenhoff | FinTelegram News

Tag: Uwe Lenhoff

August 21, 2023

German Prosecutor Of The Wolf Of Sofia Was Awarded The Highest Honor! What About The Whistleblowers?

Nino Goldbeck became known to FinTelegram readers as the chief prosecutor of Gal Barak, a/k/a, Wolf of Sofia, and his cybercrime organization in Germany. The Association of German Criminal Investigators recently awarded Goldbeck its highest honor, "Bul le mérite." However, the honor of crashing the Wolf of Sofia's cybercrime organization belongs not only to Goldbeck but also to an enabling whistleblower who exposed the fraud via FinTelegram. Here is the true story.

June 26, 2023

Interesting: The Real-Estate Investments Of Former Partner Of Cybercrime Organization Veltyco!

In January 2019, alleged German cybercrime mastermind Uwe Lenhoff was arrested after years of investigation by European law enforcement. Lenhoff was not charged with any crime. He died in custody in Germany in July 2020. One of his partners was Amsterdam-based real estate investor Dirk-Jan Bakker, also a shareholder in Lenhoff's listed Veltyco Group PLC (now Bet90 Holdings PLC). The latter has recently invested massively in luxury real estate in Austria. Here is the update.

April 25, 2023

Attention: Dutch Lawyer Starts Legal Action Against Payvision!

It was early 2019 when a year-long investigation by law enforcement agencies resulted in the arrest of two cybercrime masterminds, Uwe Lenhoff and Gal Barak, took place. Both were clients of Rudolf Booker's high-risk payment processor Payvision with their scams. Lenhoff was even a sales partner of Payvision. Now the Dutch lawyer Marius Hupkes is also taking action against Payvision in Amsterdam on behalf of scam victims and invites them to contact him.

Court Cases

April 14, 2023

Payvision CEO Rudolf Booker At The Cybercrime Mastermind’s Birthday Party!

Suspected German cybercrime mastermind Uwe Lenhoff died in prison in 2020. Being a braggart and bon vivant, he spent his victims' money to buy expensive watches and luxury cars like Ferraris. It was in a Ferrari that Lenhoff was also arrested in early 2019. He had previously been under surveillance by law enforcement agents for months. One of Lenhoff's partners and facilitators was then Payvision CEO Rudolf Booker, who was photographed at Lenhoff's birthday party.

February 24, 2023

Disgraced ING Subsidiary Payvision, Its Regulatory Troubles, And Victims Complaints!

It is now well known in the international fintech scene that Payvision, founded by Rudolf Booker in 2002 in Amsterdam, was a dubious high-risk payment processor that facilitated not only porn and gambling merchants but also broker scams. Many scam victims have deposited and lost their money through Payvision. The victim protection organization EFRI claims that Payvision knowingly and intentionally facilitated scams to boost its volume and profits.

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.