Veltyco Investigation: Major Shareholder Files £500 Million Fraud Complaint with FCA
Background of the Complaint The Veltyco Group PLC case is now under review by the UK Financial Conduct Authority (FCA). On July 29, 2019, one of…
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Tom Morris
Veltyco Case: Kosovo Raids, Frozen Assets, and Expanding Money Laundering Investigations
Coordinated Enforcement Action in the Balkans In June 2019, law enforcement authorities in Germany and Kosovo conducted a coordinated enforcement operation targeting individuals suspected of involvement…
The Bulgarian NRA Hack: Conspiracy Theories and Alleged Links to Gal Barak
Massive Data Breach in Bulgaria On July 17, 2019, major international outlets, including the New York Times, reported on the hacking of Bulgaria’s National Revenue Agency…
Investor Alert: LottoPalace Affiliates Linked to Funds Recovery Scam
Background on LottoPalace Operations LottoPalace is a fraudulent online platform historically associated with Uwe Lenhoff, a German national, and his publicly traded company Veltyco Group PLC.…
Gal Barak Extradition Case: Ongoing Hearings in Sofia
New Court Session Held in Bulgaria Today, judicial authorities in Sofia are once again addressing the extradition request from Austria regarding Gal Barak, an Israeli national…
EU-Level Efforts to Combat Cyberscams: A Coordinated Response
The Need for a Pan-European Strategy In the context of increasing cybercrime and investment fraud targeting EU citizens, a number of stakeholders have emphasized the urgency…
The BitRush Story: From Legal Disputes to Exposing Cybercrime Networks
Background and Corporate Conflict In December 2016, Werner Boehm, co-founder of the publicly listed Canadian company BitRush Corp, became the subject of accusations by the company’s…
MoneyNetInt Under Scrutiny: European Authorities Investigate Ties to Broker and Binary Options Scams
Overview of Investigations Regulatory bodies in Poland and other EU member states have initiated investigations into the operations of MoneyNetInt Ltd, a UK-registered payment service provider.…
Veltyco Group AGM on September 19, 2019: Critical Oversights and Shareholder Concerns
Background: Lenhoff’s Scams and Corporate Ties The Annual General Meeting of Veltyco Group, scheduled for September 19, 2019, carries substantial significance not only for shareholders, but…
The Payvision Case: Tracing the Money Trail from Victims to Scammers
Overview: Payvision’s Role in Broker Fraud Networks This article continues our deep dive into the Payvision story. In Part I, we outlined the key facts: Payvision,…