Yukom Case – another Israeli sentenced to 36 months prison time!
Yukom Communications was the Israeli boiler room operator behind vast binary options scams BigOption, BinaryBook, or BinaryOnline and caused retail investors worldwide $150M losses. Elad Bigelman was the brand manager for BigOption. On March 14, 2022, Judge Paula Xinis handed a prison term of 36 months and three years of supervised release to Bigelman. It was the latest decision in the still-pending Yukom Case