E&G Bulgaria | FinTelegram News

Category: E&G Bulgaria

July 8, 2020

Vienna Cybercrime Trial – Barak’s attorney blames ‘stupid’ and ‘greedy’ victims for their losses!

The first day of trial in a landmark cybercrime trial against suspected Israeli scam broker operator Gal Barak. The trial began punctually at 9.30 am in Vienna. The trial was also observed by the Austrian lawyer of Barak's Russian partner, Vladislav Smirnov. In addition, EFRI Principal Elfriede Sixt was in the courtroom as representative of the aggrieved small investors. The process is under international observation and is seen as a reference model for further cybercrime processes in the EU.

July 7, 2020

Gabi the Georgian – The DDoS Warrior is the Pink Elephant in Vienna Cybercrime Trial

On 8 July 2020, the trial against the alleged Israeli scammer Gal Barak begins in Vienna. However, Barak was only one of three partners in a global cybercrime organization to which E&G Bulgaria was related. The notorious Israeli scammer, hacker, and DDoS warrior Gery "Gabi" Shalon is the boss of this organization and the pink elephant in the Vienna trial.

July 2, 2020

E&G Bulgaria Cybercrime Case – UK authorities closed down GPay in the public interest

On July 8, 2020, probably the biggest European financial cybercrime trials ever starts in Vienna. Prosecutors charge Gal Barak, one of the major Israeli binary options and broker scammers, of investment fraud and money-laundering. With his scam brands XTraderFX, SafeMarkets, Golden Markets, CryptoPoint, or OptionStars he has defrauded tens of thousands of victims in Europe. Right before the trial UK authorities closed down the cybercrime organization's money-laundering hub.

June 27, 2020

Cybercrime Court Case – German B2G and the stolen client funds in the E&G Scheme!

The Austrian prosecutors are the first the brought charges against the alleged cybercrime principal Israeli Gal Barak. The process starts on 8 July 2020 in Vienna. The focus will be on the beneficial owner and principal of the cybercrime organization surrounding E&G Bulgaria EOOD. Barak has been charged with investment fraud and money laundering.

June 12, 2020

European Binary Options Legacy – First Indictment against Gal Barak et al brought!

Gal Barak and his partner, German citizen Uwe Lenhoff, were arrested in early 2019 in an international law enforcement action. They are accused by various EU authorities of being part of an international cybercrime organization that has defrauded tens of thousands of retail investors of hundreds of millions via broker scams. The Austrian public prosecutor has now brought the first charge.

December 4, 2019

What the extradition of alleged Israeli broker scam perpetrator Gal Barak to Austria means for European fight against scams and cybercrime

Finally, it happened! Tens of thousands of scam victims in the EU have been waiting for this for months. EFRI has sent petitions to the..

December 2, 2019

Breaking News – Israeli Scam Mastermind Gal Barak will be extradited to Austria

Millions of victims worldwide have lost scams up to $50 billion between 2012 and 2018 with binary options according to estimates by the authorities. Currently,..

November 3, 2019

Gal Barak Extradition – Former Serbian supporters and employees deliver evidence for fraud and money laundering

The thriller about the extradition of the Israeli scammer Gal Barak from Bulgarian to Austria continues. Uwe Lenhoff, one of Barak’s partners, has been in..

October 25, 2019

The Gal Barak Case – Looking for the co-conspirators

The fight for the extradition of Gal Barak to Austria between the authorities in Bulgaria and the responsible investigating authorities in Austria has already lasted..

September 11, 2019

Bulgarian Report on Gal Barak, the ‘Wolf of Sofia” and his real-estate activities

Bivol, the leading investigative journalism platform for the Balkans and Eastern Europe, today published a comprehensive report on the “Wolf of Sofia“, Gal Barak and..

September 11, 2019

Exposed – Alleged Broker Scammer Gal Barak invests stolen money in real-estate projects in Bulgaria

The Israeli Gal Barak and his professional and private partner of many years, the Bulgarian Marina Andreeva, have married. For the wedding, the freshly baked..

August 21, 2019

Gal Barak – New court hearing for extradition and the EFRI petition

Tomorrow another court hearing will take place in Sofia to decide on the extradition of Gal Barak to Austria on the legal grounds of an..