Binex | FinTelegram News

October 21, 2021

The Wandering Fraud & an update on the GetFinancial Case!

Simona Weinglass provided an update on the GetFinancial Case and the respective law enforcement actions in Israel, which have been initiated by German prosecutors. Allegedly, 15 people have been questioned by the police, four are said to be extradited to Germany. Court documents show that the cybercrime organization ran the scams GetFinancial, IntegraOption, SolidCFD, TradeSolid, BitCapitalMarkets, MyCoinbanking, Procapitalmarkets, Profitstrade, FXPace, Acceptrade, and Gainfintech using the platforms SpotOption and Tradologic.

May 26, 2021

The background story of Austrian Meinl Bank and its now arrested CEO

Austria's Meinl Bank was notorious for its role in the international money laundering scene. In September 2020, FinTelegram reported that a significant portion of the Suspicious Activity Reports (SARS) revealed by the FinCEN Leaks involved Austrian Meinl Bank and its subsidiary Meinl Bank Antigua. In addition, the OCCRP report titled The Vienna Bank Job revealed that the bank laundered hundreds of millions from Ukraine. Furthermore, cybercrime activists such as Russian Vladislav Smirnov also used Meinl Bank for his business. Meinl Bank has since closed; its former CEO, Peter Weinzierl, was arrested yesterday in the UK.

September 29, 2020

Binex Group and the Russian-Ukraine Connection in Vienna Cybercrime Trials

In the first of the Vienna Cybercrime Trials ("VCT"), the Israeli principal of the cybercrime organization operated via the Bulgarian E&G Bulgaria, Gal Barak, was sentenced to four years in prison in early September 2020. One reason for the relatively modest sentence was Barak's confession. Through his lawyers, Barak also submitted documents that massively incriminated his Russian partner Vladislav Smirnov and his Binex Group, making him de facto the mastermind behind the Barak scams.

September 25, 2019

The War of Scammers – Binary Options perpetrators’ self-destructing fight after the collapse of the Israeli fraud industry

The Israeli journalist Simona Weinglass has made the worldwide public aware of the gigantic Israeli fraud industry of binary options with her article series “The..

April 7, 2019

Another Boiler Room Exposed – Capital Market Solutions Serves Illegal Broker Schemes

The FinTelegram Research Team thanks its whistleblowers once again. Without their information, we would hardly be able to put together the great puzzle around the..

March 29, 2019

EFRI Campaign – Payment Services Provider Dreams Pay Closed Down Website

The EFRI PSP Class Action Campaign seems to have an impact already. EFRI and FinTelegram teams are talking to some of these PSPs to acquire..

October 11, 2018

BINEX GROUP, DREAMSPAY, AND THEIR FRAUDULENT EXPANSION

We have been covering the cybercrime activities of the Wolf of Sofia, Gal BARAK, and its partners Marina Barak (previously Marina ANDREEVA), Gery SHALON, and Vladislav SMIRNOV since 2018. Our reporting was instrumental in breaking up this cybercrime organization. As a result, gal Barak was arrested in early 2019 and sentenced to four years in prison in September 2020 for investment fraud and money laundering. In addition, his wife Marina is currently on trial. The Binex Group was a centerpiece of their organization to launder money stolen from scam victims.

Binary Options

October 1, 2018

Вълкът от София и неговата мрежа от кибер престъпници.

Разследването, което направихме за статията “Вълкът от София,” бе проведено през последните няколко седмици, съвместно с нашите партньори от Израел, Германия и САЩ. Всяко твърдение..

September 25, 2018

GREETINGS FROM KIEV – THE CYBERCRIME CASE BINEX AND ITS BACKGROUND

Update 25/09/2018, 2.30pm: One of our readers just provided contact data of Anton ANOKHIN which may be of interest for disappointed BINEX investors: phone +7-985-8773690...

Tag: Binex