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Posts tagged as “XMarkets”

Shares of public-listed scam facilitator B90 Holdings (former Veltyco Group) suspended due to financial problems in the COVID-19 crisis

The notorious B90 Holdings PLC announced a trading halt of its shares along with severe financial issues due to the COVID-19 pandemics. The company is listed on the London Stock Exchange in the AIM segment and was founded in 2016 by the currently imprisoned German Uwe Lenhoff. By way of a so-called Reverse Takeover (RTO), Lenhoff and its partners, the Dutch real-estate investor Dirk-Jan Bakker and the German entrepreneur Falk Preussner, took their online activities to the stock exchange. Taking a scam public is quite an audacious move, isn't it?

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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