The U.S. authorities’ crackdown on the binary options scammer has had a positive impact on retail investors worldwide. The findings of the U.S. regulatory and investigative agencies can also be used to enforce the claims of injured retail investors in other countries. This is illustrated by a detailed report by Simona Weinglass in the Times …
Broker Scams don’t just work with boiler rooms to rip off investors. To this end, they also work with affiliate marketing systems to drive the victims to their fraudulent websites. These affiliate marketing operators, like boiler room agents and payment service providers PSP), are co-conspirators in the investment fraud. The U.S. authorities see it exactly …
U.S. Regulator SEC charges affiliate marketing operators with binary options fraud Read More »
The U.S. Securities and Exchange Commission (SEC) announced that three foreign individuals, Gil Beserglik (Israeli and lives in Germany), Raz Beserglik (Israeli also head of the Israeli boiler rooms), and Kai Christian Petersen (German and head of the German boiler rooms), have been charged with deceiving U.S. investors, including vulnerable retirees. According to the SEC …
The evolving crypto scam scene Parallel to the hype of binary options, a broker scene specialized in crypto scams developed since 2016. This development was fuelled by the Initial Coin Offerings (ICO), with which a lot of fraud was committed against retail investors. Mostly worthless projects and/or companies have received an estimated $30 billion from …
ICO Reckoning – SEC sues ICO Promotor ICOBox and its founder Nikolay Evdokimov Read More »
