2.7 C
New York
Tuesday, March 24, 2026
spot_img

Tag: Yishay Moshe Trif

Update: Scam-Facilitating Payment Processors MoneyNetInt and Payswix!

FCA-regulated EMI MoneyNetInt was one of the big payment processors for the fraudulent binary options industry that defrauded hundreds of thousands of people out of tens of billions of dollars between 2010 and 2018. We exposed Israeli-controlled MoneyNetInt and its affiliated GlobalNetInt as payment facilitators in many scams. Consequently, in June 2021, the FCA announced that MoneyNetInt voluntarily stopped acquiring new customers temporarily in June 2021.

Attention! Regulated high-risk payment processor GlobalNetInt is now payswix!

In June 2021, the Lithuanian-Israeli e-Money Institution GlobalNetInt (GNI), related to the FCA-regulated MoneyNetint Group, was penalized by the Bank of Lithuania for its violations of anti-money laundering and terrorist activities financing rules. GNI has to pay €350,000 because it did not properly assess the risk posed by customers and did not always ensure that customer identification remotely complied with legal requirements. GNI has been a notorious scam facilitator and is now doing business as payswix.

Investment scams – European authorities investigate payment services provider MoneyNetInt

FinTelegram has received information that the authorities in Poland and other EU member states are investigating the payment service...

Payment Services Provider MoneyNetInt Involved in “Lenhoff-Barak” Scheme

The FinTelegram research team is systematically screening the market for Payment Services Providers (PSP) that support illegal broker schemes....