Uwe Lenhoff | FinTelegram News

Tag: Uwe Lenhoff

May 3, 2022

Veltyco Cybercrime Trials started today in Germany

In Germany, the cybercrime trials against the so-called Veltyco Cybercrime Scheme started. The scheme's alleged mastermind, Uwe Lenhoff, died in prison in July 2020. Cause of death unknown. Some of his lieutenants and co-conspirators have to stand trial nevertheless. According to the prosecutors, they allegedly cheated more than 1,100 German investors out of almost €42 million. The trial started with the 29-year-old Kosovo guy Azem Spahiu. He and his friend Betim Tasholli have been operating boiler rooms for the cybercrime scheme in Kosovo.

April 29, 2022

Update: Payvision and the Amsterdam-based SafeNed & Fourthline fintech group!

In Germany, the trials against the Veltyco Cybercrime Scheme of Uwe Lenhoff start soon. Uwe Lenhoff and many of the scheme’s shell companies have been..

April 26, 2022

Payvision founder Rudolf Booker and his desperate legal intimidation and defamation to silence EFRI!

Scam victims started to bring legal claims against ING subsidiary Payvision before the courts. Instead of dealing professionally with these claims, Payvision and its founder and former CEO Rudolf Booker started a tsunami of legal intimidation and defamatory campaigns to silence EFRI. A new climax was reached when Booker learned that Sixt was a speaker at the upcoming Financial Economic Crime event in Brussels. He retained a Belgian lawyer to send intimidating and defamatory threats to the event organizer and other event speakers to prevent Sixt from speaking.

March 23, 2022

Former Gal Barak Lieutenant Chen Ganon also prosecuted in Germany

Chen Ganon was one of the former lieutenants of the convicted principal of the cybercrime organization E&G Bulgaria, Gal Barak. He was the manager in charge of the broker scam SafeMarkets and has managed the boiler rooms in Belgrade and Sarajevo. Until recently, only the Austrian law enforcement prosecuted Ganon. Now the Bamberg prosecutor's office also prosecutes Ganon in Germany.

February 7, 2022

Another U.S lawsuit against ING and its disgraced subsidiary Payvision

In Nov 2021,PayVicki LLC, a U.S. company, filed a lawsuit against Payvision and its parent company ING for breach of contract in connection with a Strategic Partnership Agreement (the "SPA"). Under the agreement, Payvision retained PayVicki for merchant referral services and agreed to pay a commission to PayVicki based on the net revenue derived from the referred merchants. Payvision failed to provide PayVicki with commissions due and owing under the SPA and has failed to provide substantiating documents for said commissions. Accordingly, PayVicki is seeking monetary damages.

January 19, 2022

The driver’s testimony! How the arrest of the Wolf of Sofia happened!

Update: we have been informed that Ben Gettemans was not only the personal driver of Gal Barak but also a money mule of E&G Bulgaria...

January 17, 2022

Exposed! FCA-regulated MoneyNetInt involved in big-style money-laundering!

The trial against the ringleaders of the cybercrime organization E&G Bulgaria is currently underway in Munich, Germany. Gal Barak was already sentenced to four years in jail in Vienna in Sept 2020. Almost unnoticed, the preparation of charges against several ringleaders of the cybercrime organization around the late Uwe Lenhoff and the Veltyco Group is currently underway in Saarbrücken. Criminal records show that MoneyNetInt was massively involved in Lenhoff's money laundering.

January 13, 2022

Cybercrime activist Jacki Fitelzon sentenced to an 82-months prison time

The sentence was even a bit harder than we expected. On January 12, 2022, the verdict against the Israeli citizen Jacki Fitelzon was handed down in the court in Munich. The Israeli was one of the co-conspirators of Gal Barak, the so-called Wolf of Sofia. Fitelzon had pleaded guilty to the charges and has now been sentenced to 82 months in prison for commercial and gang fraud. It was also confiscated €760,000. The sentence is not yet final. Fitelzon asked to be transferred to a rehab facility, which the court ordered!

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December 19, 2021

Interview with EFRI principal – Decipering cybercrime and scams! Part II

This is the second part of the great interview with EFRI co-founder and principal Elfriede Sixt. She explains the background of the development of EFRI and FinTelegram. In addition, she describes the threats and defamations of cybercrime activists who try to destroy the reputation. The fight against cybercrime and scammers has become a life mission for Elfriede Sixt, as she explains.

December 17, 2021

Interview with EFRI principal – First, they laughed, then they threatened, and finally, they got arrested!

The European Fund Recovery Initiative (EFRI) was founded in 2018 by the auditor and CPA Elfriede Sixt in a joint effort with FinTelegram and lawyers. EFRI represents more than 1,000 scam victims with around 60 million euros damages. Besides assisting victims, EFRI brought criminal charges through lawyers against scammers and their enablers and facilitators. EFRI is probably the most hated institution for the worldwide scammer and cybercrime scene. Elfriede Sixt talks about her experiences in the fight against cybercrime.

December 3, 2021

Whistleblower campaign – Law enforcement and lawyers on the search for Vladislav Kogan

Vladislav Kogan was born in March 1973 in Krasnodar, Russia, and later emigrated to Australia. These are the dates in the criminal file. Kogan was the operator of the Czech and scam facilitators payment processor Xtrabit s.r.o. Which, among other things, supported the cybercrime organizations of Gal Barak and Uwe Lenhoff. FinTelegram reported on this, and Kogan sued for defamation and lost. He would have to pay the legal costs, but our lawyers cannot find him. He disappeared! Let us know his whereabouts.

Boiler Rooms

November 27, 2021

Surprise, surprise! Notorious Serbian boiler room operator Parogan in liquidation!

The boiler room scene in Belgrade, the so-called Manhattan of the Balkans, is still vibrant. One of the largest and most notorious boiler room operators is Parogan DOO (www.parogan.com), owned by the Cyprus citizen Nikos Andreou, and managed by the former lawyer and Serbian citizen Max-Sebastian Winterfeldt. Nikos Andreou is also the only shareholder of Olympus Prime DOO, another boiler room operator in Belgrade. While the latter is still active, Parogan DOO is in liquidation.

How U.S. Law Enforcement Infiltrated The International Crypto Scene!

In an unprecedented move, the FBI infiltrated the crypto world with its own token, NexFundAI, to crack down on market manipulation. This case marks a significant shift in crypto enforcement, signaling that law enforcement is evolving its tactics to keep pace with the complexities of the digital asset space. As more fraudsters are exposed, the crackdown on wash trades and pump-and-dump schemes is just beginning.

Breaking: German Co-Founder of Crypto Fraud Scheme USI Tech On The Run!

USI Tech was one of the first MLM schemes to use cryptocurrencies to defraud its investors. FinTelegram has issued several warnings aginst the scheme. Horst Jicha has now gone fugitive, leaving behind a trail of defrauded investors and evading justice in the $150 million USI Tech fraud case. With Jicha on the run, the case serves as a chilling reminder of the risks in the volatile crypto world.

Binance Chief Financial Crime Compliance Officer Denied Bail in Nigerian Case!

Think twice before starting to work for the world's larger crypto exchange. As Binance’s financial crime compliance officer faces money laundering charges in Nigeria, questions mount over the company’s compliance safeguards and the risks involved in its global operations. The denial of bail for Tigran Gambaryan and the ongoing legal battle could have far-reaching implications for the company’s future.

Fintech

Solaris Bleeds Cash and Jobs: Can This High-Risk Fintech Survive, Let Alone IPO?

Solaris, a German fintech and neobank, has a long history of compliance troubles. Moreover, its ongoing financial losses and regulatory woes doubt its long-term profitability, even as it sheds jobs and restructures for survival. A potential IPO, as rumored by the German platform Gründerszene, seems speculative at best in light of its deep-rooted issues with compliance and financial stability.

Breaking: The Binance-Like $3.1 Billion Money Laundering Settlement of TD Bank!

TD Bank, one of North America's largest financial institutions, has been hit with a historic $3.1 billion settlement over money laundering violations. This case represents one of the most significant AML enforcement actions in U.S. history, both in terms of the financial penalties imposed and the severity of the admitted misconduct. Only Binance, with its $4.1 billion settlement, was even larger.