Tag: Wolf of Sofia

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.

Gal Barak was sentenced to 4 years imprisonment in Austria for defrauding Austrian victims with total damage of about 3 million euros. After 11 months of home arrest and 13 months of prison stay in Vienna, his sentence was suspended as of the end of January 2021. In early June 2021, Gal Barak left Vienna was flown out by a private jet to Israel. To date, none of his victims has received any money back. Barak's lawyers appealed against a German indictment. The case is to be decided by the European Court of Justice.

On day #1 of the Munich Trial, the 44-year old Israeli Jacki Fitelzon offered a guilty plea including a full and comprehensive confession in exchange for a moderate sentence. Prosecutor and the defense attorney agreed on a sentencing between 78 to 84 months prison time. The final decision is up to the judge. In addition, the defense attorney offered that all the claims of the victims represented by EFRI would be recognized. The prosecutor started with his questions before the trial was adjourned to next Friday.

The trial against 44-year old Israeli Tal-Jacki “Jacki” Fitelzon started today in Munich. He was a lieutenant of the cybercrime organization E&G Bulgaria of Gal Barak, the “Wolf of Sofia,” who was sentenced to four years in prison in Vienna in September 2020. The German prosecutors have filed charges against Fitelzon for defrauding 335 German victims of approximately €8.7 million. Fitelzon’s German law firm has informed the court that he would plead guilty. EFRI represents the victims in this trial!

The 44-year old Israeli Tal-Jacki "Jacki" Zecharia Fitelzon was a lieutenant of the cybercrime organization E&G Bulgaria of Gal...

We already reported a few weeks ago about the upcoming indictment of Israeli Tal-Jacki Zecharia Fitelzon. The 44-year-old guy was a lieutenant of the cybercrime organization E&G Bulgaria of Gal Barak, the "Wolf of Sofia." The latter was sentenced to four years in prison in Vienna in September 2020. The Central Office Cybercrime Bavaria (ZKB) has filed charges against Fitelzon for defrauding 335 German victims of approximately €8.7 million. Fitelzon must now face a trial in Munich. Further charges surrounding E&G Bulgaria will follow.

The Vienna Cybercrime Trials ("#VCT") have been an important step in the fight against scammers, cybercrime, and money laundering. The #VCT findings have also facilitated investigations and prosecutions in other jurisdictions and other scam cases. The first arrests in connection with the #VCT were made by EU arrest warrants issued by Austrian authorities. Thanks to the help of whistleblowers and FinTelegram. Now, leading EU investigative media like SZ report about the "Fall of the Wolf."

Gal Barak is sick, really sick, physically. Pretends his law firm. Therefore, the court hearing in Sofia scheduled for...

EFRI cooordinator Elfriede Sixt interviewed by bTV Elfriede Sixt, co-founder and coordinator of the European Funds Recovery Initiative (EFRI) spoke...

As in the Hollywood blockbuster with Leonardo DiCaprio in the lead role of Wolf of Wallstreet, Gal Barak bribes...

The Israeli Gal Barak is the head of E&G Bulgaria which has operated a number of illegal broker schemes...

The Israeli Gal Barak, the so-called Wolf of Sofia, has been exposed as the beneficial owner and operator of...