Tag: WKStA

#VCT – Gal Barak sentencing effective, millions for victims, and an explanation

On September 1, 2020, at the Vienna Cybercrime Trials, the court found the accused Israeli Gal Barak guilty of (cyber) investment fraud and money laundering and sentenced him to four years in prison. In addition, the victims were granted the funds confiscated by the authorities. Law enforcement has been able to track and seize these funds thanks to a FinTelegram whistleblower. After Gal Barak, his wife Marina Barak has also been served with an indictment.