Special Series – Platforms of Evil Part 1

September 3, 2019 No comment

New series of reports will shed light on the way some of the biggest platforms facilitate ongoing Binary Trading scams around the world. The world of Binary Trading has been plagued with scammers trying to exploit hopeful investors and defraud them of their hard-earned money. Authorities have been fighting the scammers fearlessly, shutting down fraudulent […]Continue Reading

UK – Investment Frauds on the Rise

August 27, 2019 No comment

ways, according to a recent report published by the London Police’s National Fraud Intelligence Bureau, a unit in charge of Financial Fraud and Cyber Crimes. The criminals are adapting to new technologies as is clearly reflected in the frauds committed in 2019. Traditionally UK Fraudsters used to favor pension frauds. The victims were easy targets, […]Continue Reading

Luxembourg – Housing Fund Scammed

August 26, 2019 No comment

The Luxembourg Housing Fund conned out of over €800,000 by Polish scammers, managed to recover most of the lost funds. Fund (‘Fonds Longement’) was conned out of over €800,000 in a shockingly simple scam. The fund was contacted in an email written in English by an account pretending to be a Luxembourgian construction company the […]Continue Reading

Austria – International Pensioners’ Scam Uncovered

August 20, 2019 No comment

3 international scammers, accused of defrauding pensioners of over €2.5M, arrested Another day, another heartless scam. Authorities in Austria have confirmed that 3 international scammers – two Serbian and one Turkish nationals – were arrested in Vienna for running an elaborate scam, defrauding pensioners of their savings, raking up millions of Euros in the process. […]Continue Reading

Special Request – Corruption in the Argentina Olympic Committee

August 15, 2019 No comment

Following my recently published article (August 6th “Who is the Mysterious Gustavo Dorf“) on corruption and fraud in Argentina, related to Argentina’s Olympic Committee (COA) and its key figures, FinLeaks’ has been flooded with numerous messages from our readers, who provided us with plenty of information on this topic, expanding further than I dared to […]Continue Reading

Israel – Binary Option Site Owner Faces Indictment

August 9, 2019 No comment

In a legal precedent in the country, owner of iTrader, and several of his former employees are charged with fraud. The Israeli State Attorney Office summoned Ido Fishman, owner, chairman, and CEO of Gal Media Trade, operating commercially as iTrader, to a pre-indictment hearing. The Taxation and Economic branch of the State Attorney’s Office stated […]Continue Reading

The French Connection 2 – Scammers Still Running Free

July 24, 2019 No comment

2 French crooks: Setrouk and Grieco running decade of international frauds. In our world, there are two types of people: those who get up in the morning and work, from dawn to dusk, in order to make their money and those who wake up in the morning and think of nothing else but how to […]Continue Reading

China – Man Arrested over $15M Bitcoin Fraud

July 23, 2019 No comment

Promising investors cheap Bitcoin mining machines, the man disappeared before delivering any of the promised goods. A man in Eastern China has exploited the booming interest in Bitcoin in China, sparked by the rising bitcoin rates, to defraud over 50 investors out of 100M RMB (approximately $15 M) in just under 3 months, reported Chinese […]Continue Reading

South Africa – Angry Mob Torches Scammer’s House

July 22, 2019 No comment

Angry mob torches the man’s home after his scam collapses leaving hundreds disillusioned and broke. Furious victims of an alleged Bitcoin Ponzi Scheme looted and torched the house of the perpetrator of the scheme. The small town of Ladysmith, South Africa, located approximately 360 kilometers south of Johannesburg, was the site of this violent act […]Continue Reading

ESMA Lifts Ban on Binary Options Trading

July 10, 2019 No comment

Europe’s securities watchdog lifts the temporary ban, allowing EU member states to form their own independent regulations. Are we at the start of a new era for binary options trading in Europe? The European Securities and Markets Authority (ESMA) has announced on July 1st that it will not renew the EU-wide ban that it has […]Continue Reading