Uwe Lenhoff | FinTelegram News

Tag: Uwe Lenhoff

September 2, 2021

Finally! ING’s scam-facilitating subsidiary Payvision may be closed down!

Rudolf Booker is said to spend a lot of time on his €30M yacht. The running costs of the yacht are €3M per year. Well, ok. He has enough time and money. He sold FinTech Payvision, which he founded and led as CEO, to ING in 2018 at a valuation of €360M. Booker and Payvision mainly served high-risk merchants, scams, and cybercrime organizations. Booker personally was well acquainted with leading scammers like Uwe Lenhoff and Gal Barak. Now the victims of these scammers want their money from Payvision. And ING considers to close down its troublesome subsidiary, local media reports.

August 21, 2021

Background Report – International cybercrime, Bet90, and the dirty Maltese connections!

It was perhaps the largest cybercrime organization in Europe, but certainly, it was in Germany. The public prosecutor's office announced that the cybercrime case surrounding the German Uwe Lenhoff, who died in prison, had produced more than 200,000 victims in Germany alone. Lenhoff and Dutch real estate investor Dirk-Jan Bakker established Veltyco Group PLC, which is listed on the London Stock Exchange. After Lenhoff's death, the company was renamed B90 Holdings PLC and operates the Bet90 sportsbook platform , licensed by the MGA. Bet90 has been funded with money stolen from the victims in this very same cybercrime case.

August 17, 2021

Israeli-German-Dutch scam network allegedly produced more than 200,000 victims in Germany

In September 2021, the Israeli cybercrime kingpin Gal Barak was sentenced to four years in prison for investment fraud and money laundering in Austria. German prosecutors, led by Nino Goldberg, also want to charge Gal Barak, see him convicted and sentenced to prison. Barak appealed against the indictment; the case is currently before the European Court of Justice. Barak's former boiler room manager Tal-Jacki Fitelzon has already been indicted. Barak's former partner in crime, Uwe Lenhoff, died in prison last year, but his co-conspirators will be indicted. Barak and Lenhoff allegedly produced more than 200,000 victims in Germany!

August 6, 2021

Interesting! Nasdaq-listed GreenBox POS acquires notorious Bulgarian Transact Europe

GreenBox POS is a California-based FinTech company specializing in payment solutions on the blockchain. The company has been listed on Nasdaq with the symbol GBOX since February 2021 and currently has a market capitalization of around $450M. Transact Europe is a Bulgarian financial institution with an intense past in the largely fraudulent binary options industry. Transact Europe was one of the facilitating payment processors of Gal Barak and his Bulgarian E&G Bulgaria. GreenBox POS is to acquire Transact Europe for $30M in cash.

July 16, 2021

FinTelegram launches Law & Compliance Enforcement Support Initiative

We have been cooperating with law enforcement agencies in various countries since the launch of FinTelegram. As insiders and friends know, the establishment of FinTelegram came about as a means of fighting cybercriminals who were taking action against the founders and operators of FinTelegram. These cybercriminals at the time were German Uwe Lenhoff and Israeli Gal Barak. Both were arrested in early 2019, also thanks to the cooperation between FinTelegram and law enforcement.

July 2, 2021

Notorious scam-facilitator Deutsche Handelsbank about to close down payment business

The notoriously well-known Deutsche Handelsbank has been in the FinTelegram focus over the last three years. Like ING's Dutch subsidiary Payvision and, until its collapse, Wirecard, the bank was a prime address for scammers and cybercrime organizations. Uwe Lenhoff, who died in prison in 2020, was one of the clients of Deutsche Handelsbank and used the bank to launder the illicit proceeds of his huge lotto scam LottoPalace. Now the German financial institution seems to be about to its dirty payment division.

June 28, 2021

Really? Scam victims’ money allegedly financed the campaign of the President of Montenegro!

The Belgrade-based online news portal In4S exposed an explosive political dimension of cybercrime charges around Gal Barak und Uwe Lenhoff. The Belgrade lawyer Marko Vujosevic allegedly stole and laundered €19 million via Global Payment Solutions DOO (GPS) in Montenegro. GPS is at the very center of the cybercrime organization of Barak and Lenhoff. The latter died in prison for unknown reasons. Barak was sentenced to four years in prison for investment fraud and money laundering. And now IN4S claims part of these cybercrime proceeds was used to finance the President of Montenegro.

June 10, 2021

The incredible story of Wirecard Mini-me Payvision and its founder Rudolf Booker

Amsterdam FinTech entrepreneur Rudolf Booker founded the payment processor Payvision in 2002 and ran it more or less successfully. The business evidently took off in 2015 when Amsterdam real estate investor Dirk-Jan Bakker introduced German cybercrime activist Uwe Lenhoff to Booker. Lenhoff and his partners brought dozens of fraudulent binary options operators to Payvision, where Booker welcomed them with open arms. In 2018, Booker sold Payvision to ING for €360 million, fully packed with high-risk and illegal clients; in April 2020, he and his co-founders left Payvision.

May 16, 2021

BaFin issues Cease and Desist Orders against illegal payment processors Widestep and WebMaster Solutions

Cybercrime organizations need fake companies for their business through which they can launder their illegally obtained funds. For example, the deposits of victims of scams are processed through these illegal payment processors. Many of them are German companies that are very popular among cybercriminals. These provide their bank accounts on illegal funds are laundered with false information. This week, BaFin issued a Cease and Desist Order against the two illegal payment processors, Widestep and WebMaster Solutions.

May 1, 2021

Breaking News – Criminal complaints against Payvision and its founders

Payvision and its founder and former CEO Rudolf Booker are already subjects of the criminal proceedings in Germany and Austria. Uwe Lenhoff, the alleged mastermind of a cybercrime organization, was arrested in January 2019. He was a personal friend of Booker and used Payvision for his dirty business. Rudolf Booker was introduced to Lenhoff by Amsterdam real estate investor Dirk-Jan Bakker, a partner of Lenhoff, who was found dead in his prison cell in July 2020. Criminal charges have now been filed against Payvision and its founders for money laundering and investment fraud.

April 26, 2021

Daily Affiliate Warning – Fake News article promotes Lottery Heroes scheme facilitated by Praxis Cashier

Another email from Jason Voghel and the email address [email protected] Oh yes, from Jason Voghel, we get a lot of emails from various email addresses. Today we are promised "Big Money" if we activate our account. The link in the email takes us to a fake EUROMONEY article on the Russian site https://lhfrist.ru. The article hails getting rich via the Lottery Heroes scheme. One is also led to thelottery betting site Lottery Heroes (www.lotteryheroes.com) if one wants to sign up for the new riches.

April 22, 2021

Chasing Scam Facilitators – The Vienna Cybercrime Trials, SpotOption, and PandaTS

Israeli Gal Barak was sentenced in September 2020 to four years in prison and millions in restitution payments for investment fraud and money laundering in the Vienna Cybercrime Trials. Barak also faces charges in Germany. He was the head of the cybercrime organization E&G Bulgaria, which operated broker scams such as XtraderFX, SafeMarkets, Golden Markets, or OptionStarsGlobal. Payvision was its main payment facilitator, and PandaTS, the white label provider, which Barak charges with similar arguments as the U.S. SEC does in its SpotOption fraud complaint.