Tradeinvest90 – Another Unlicensed Broker The website www.tradeinvest90.com has been flagged as an unlicensed broker targeting retail traders across Europe. Although it presents itself as a…
Introduction The extensive financial losses suffered by retail investors through illicit online broker schemes have been significantly enabled by certain payment service providers (PSPs). These entities,…
Overview Xtrabit s.r.o., a Czech-based payment service provider (PSP), has been implicated in facilitating financial transactions for fraudulent online broker schemes. Under the direction of Vladislav…
Introduction In May 2019, Wirecard, a prominent German fintech company, issued a press release addressing allegations of its involvement with the binary options scheme Option888, operated…
In Saarbrücken, Germany, legal proceedings have begun against individuals implicated in the Veltyco Cybercrime Scheme. The alleged orchestrator, Uwe Lenhoff, passed away in custody in July…
Between 2014 and 2019, Payvision — a company owned by ING — played a central role in handling payments for numerous fraudulent binary options operators. The…
