Tag: XMarkets

The Israeli Snitching Game around Gery ShalonB
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August 14, 2022

Breaking: Veltyco Cybercrime Scheme Manager Sentenced To 12-Year Prison Term!

The first trial in the so-called Veltyo Cybercrime Scheme was held in Saarbruecken, Germany. The defendants were two Kosovans, Betim Tasholli, Azem Spahiu, and the Syrian Mohamad Shaker. Tasholli was the boiler room manager in Pristina, Shaker was responsible for the boiler room in Prague, and Spahiu was responsible for coordinating affiliate marketing around the scam brands Option888, ZoomTrader, TradoVest, or XMarkets. The Court sentenced Azem Spahiu to a 12-year prison term. Tasholli and Shaker are allegedly on the run.
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The Israeli Snitching Game around Gery ShalonC
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June 3, 2022

Cybercrime Trial – Option888 Boiler Room Agent Sentenced to 18 Month Prison Time!

A 33-year-old Kosovar was sentenced to an 18-month prison term in a trial in Austria after a seven-month pre-trial detainment. The perfectly German-speaking man was..
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Trial against Jacki-Tal Fitelzon startsT
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June 1, 2022

The Next Indictment In the E&G Bulgaria Cybercrime Case With Payvision!

The E&G Bulgaria Cybercrime Scheme is dealt with by German prosecutor Nino Goldbeck in Bamberg. The German prosecutor informed that the boiler room agent Sasa Siler has also been charged for allegedly defrauding German-speaking victims with OptionStarsGlobal, XTraderFX, or Trade Capital. The mastermind behind E&G Bulgaria was the Israeli Gal Barak with his wife Marina Barak and their partners Gery Shalon and Vladislav Smirnov.
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Trial against Jacki-Tal Fitelzon startsV
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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.
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Veltyco and Uwe Lenhoff laundered money via MoneyNetIntE
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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.
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EFRI principal Elfriede Sixt interview on cybercrime and dark webI
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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.
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Gal Barak and Uwe Lenhoff with Gery Shalon and Vladislav SmirnovI
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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!
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Rudolf Booker and the Payvisoin FinTech CowboysT
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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.
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IFX Banc and Global Payment SolutionsF
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September 1, 2020

FMA warns against IFX Banc and Global Payment Solutions

On September 1, 2020, the FMA issued an investor warning against IFX Banc (www.ifxcapitals.com and www.ifxbanc.com) which is allegedly operated by Global Payment Solutions LLC in Podgorica, Montenegro. A quickly conducted review by FinTelegram revealed that the Bulgarian Ankor Group Investment Ltd is also stated as the operator.
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Payvision facilitated broker scams of Uwe Lenhoff and Gal BarakE
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February 28, 2020

Exposed – ING subsidiary Payvision processed €130 million illicit proceeds for now-detained broker scammers Lenhoff & Barak and did so while reporting suspicious activities!

The extent of the damage caused by scam facilitating FinTechs is very clearly shown by the ING subsidiary Payvision. The Dutch Fintech processes some €130 million just for the scams of the two now-imprisoned Uwe Lenhoff (Germany) and Gal Barak (Israel). Thanks to the investigations many sad hypothesis around FinTechs and their role as cybercrime facilitators have been proved by facts and evidence.
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Veltyco AGM 2019I
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September 8, 2019

Important Victims Information – Veltyco Group Annual General Meeting scheduled for Sept 19, 2019

This Annual General Meeting (AGM) is a very important date for all shareholders of Veltyco but also for the victims of the many scams of..
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BitRush Corp and Werner BoehmT
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August 22, 2019

The BitRush Story – or how FinTelegram evolved!

FinTelegram and its editor Werner BOEHM are repeatedly attacked because of the Canadian BitRush Corp. The critics refer to a Canadian commercial court order and..
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