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Posts tagged as “Kobi Cohen”

Yukom Binary Options Trial – Israeli Boiler Room CEO Lee Elbaz sentenced to

In the sentencing, the US Judge Theodore D. Chuang says Lee Elbaz, the former CEO of the Israeli binary options scam operator Yukom Communications Ltd, was responsible for the targeting of elderly, vulnerable victims in the $140 million fraud. Yukom operated the boiler rooms behind the binary options scheme BinaryBook and BigOption. Elbaz, in turn, pointed her finger at her former principals, the Israeli Yossi Herzog and Kobi Cohen. Elbaz's defense line worked at least to a certain degree. She wasn't gieven the 34-year prison term the prosecutor asked the court for.

Yukom Binary Options Scheme – Boiler Room agent Lissa Mel sentenced to 12 months in prison and significant restitution payment

The U.S. indictment in the $145 million Israeli Yukom binary options fraud scheme with its websites BinaryBook and BigOption has reached a new milestone. Boiler Room agent Lissa Mel, an Israeli citizen, was sentenced to 12 months in prison.

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