The European online landscape has become much safer in recent weeks. In one of the largest cybercrime campaigns, police authorities from Germany, Austria, and Bulgaria..
European Enforcement Action – Gal Barak, The Wolf of Sofia Arrested
The Austrian, German and Bulgarian authorities have succeeded in striking a decisive blow against the vast European criminal organization operating illegal broker and money laundering..
Statement Of Michael Mertens To Uwe Lenhoff, Bet90, Veltyco, And CryptoTec
As of 25 January 2019, FinTelegram reported about the office raid in connection with Option888 fraud investigations of German authorities. A business relationship between the..
The Veltyco Drama Continues – No Monies From Founder And Office Raid
Veltyco Group PLC on Wednesday said it raised GBP500,000 funds via the issue of 3.3 million shares at 15 pence each subscribed by existing investors...
KulBet And 4YouBet Closed Down – Customers Waiting For Money
In December 2018, sportsbook operator KulBet and online betting site 4YouBet closed down. The sites were operated by Altair Entertainment N.V., a company beneficially owned..
VELTYCO – Regulated Financial Trading Brand Scheduled For 2019
On December 31, 2018, the public-listed VELTYCO of Uwe LENHOFF (main shareholder) and Marcel NOORDELOOS (CFO) announced that it expects the launch of its own..
EFRI VELTYCO CAMPAIGN: Details On the Board’s Responsibilities
A few days ago the European Funds Recovery Initiative (EFRI) announced the launch of its EFRI VELTYCO Campaign. Looking at the numbers of involved investors..
EFRI Funds Recovery Campaign Against Veltyco’s Online Trading Schemes Option888, ZoomTrader, and XMarkets
FinTelegram has already been covering the online trading scams around the public-listed VELTYCO GROUP PLC for months and has warned investors. These scams include Option888,..
ONLINE LOTTERY PROVIDER LOTTOPALACE AND THE VELTYCO CRISIS
FinTelegram reported on the VELTYCO crisis and the collapse of its share. On November 22, 2018, the board announced that the company is struggling with..
THE COLLAPSE OF VELTYCO GROUP IN THE BINARY OPTIONS AFTERMATH
The public-listed VELTYCO GROUP PLC is a sort of laundering machine for some illicit online networks. Officially, VELTYCO has presented itself as an online marketing..