Home / Posts tagged 'Yossi Herzog'

  • CySEC Scam Tourism – The Israeli Maxigrid Network attacking EU investors

    CySEC Scam Tourism – The Israeli Maxigrid Network attacking EU investors

    This is the second part of our series about CySEC Scam Tourism which has its roots in the era of binary options. In this period between 2010 and 2017, mainly Israeli financial entrepreneurs came to Cyprus en masse to set up their CySEC regulated Binary Options Brokers. Simona Weinglass, an investigative reporter of The Times of Israel, called it Israel's vast and amoral scam industry. The CySEC has not made things too difficult for these foreign binary options scammers.

     
  • Yukom Scheme – Yossi Herzog in Odessa and Kobi Cohen in Kinshasa

    We have recently requested information on the whereabouts of the two beneficial owners behind the binary options fraud scheme being pursued by the U.S. authorities around the Israeli Yukom Communications Ltd. Specifically, we wanted to know the whereabouts of Yossi Herzog, the former boss and teacher of the already convicted Lee Elbaz. Rumors in Tel Aviv wanted to know that he is in Russia. In fact, however, he might be in Odessa, Ukraine.

     
  • The CySEC Scam Tourism – The lasting impact of 4XP legacy of the pre-binary forex era

    The CySEC Scam Tourism – The lasting impact of 4XP legacy of the pre-binary forex era

    Forex and online trading scams have been a pandemics even before binary options entered the state in or around 2009. From this pre-binary options period of forex schemes, we know the names of the Israeli perpetrators Yossi Herzog, Aviv Talmor, Stavro D'Amore, and the then-rookie Guy Galboiz. The 4XP forex scheme was a network of brands such as Forex Place, Forex TG, or FXTG or SkyFX which operated globally with dozens of different entities. It was the pre-CySEC time. In the binary options era, the successors of the 4XP scheme emigrated to Cyprus which became the preferred Israeli offshore destination.

     
  • Yukom Case – U.S. CFTC filed binary options lawsuit against Yossi Herzog, his companies and partners

    Yukom Case – U.S. CFTC filed binary options lawsuit against Yossi Herzog, his companies and partners

    After Lee Elbaz was sentenced by a U.S. jury for fraud with binary options around Yukom and the schemes BinaryBook, BigOption, and BinaryOnline the U.S....