1. Whistleblower Program Overview Element Details Establishment 2010 Legal basis Commodity Exchange Act (CEA) Function Provides rewards for information leading to successful enforcement Deadlines 90 days…
Ongoing Legal Reckonings in the Binary Options Industry The legal system is currently seeing a wave of civil and criminal cases targeting figures from the notorious…
CFTC Proceeds With Legal Notification via Media Publication In 2020, the U.S. Commodity Futures Trading Commission (CFTC) launched civil proceedings in a Texas federal court, targeting…
Instagram Appearance While Under Investigation At a March 25, 2021, hearing before the Ontario Securities Commission (OSC) regarding fraud allegations (File No. 2020-14) against David Cartu,…
Background: $165 Million Binary Options Fraud The Canadian-Israeli Cartu Brothers—David, Joshua, and Jonathan Cartu—have been identified as key figures behind a $165 million binary options scheme,…
Overview of the Allegations Canadian-Israeli nationals David Cartu and Jonathan Cartu, along with their brother Joshua Cartu, are key figures in an alleged large-scale binary options…
Acknowledgement: Scam-Or Project extends its gratitude to whistleblowers whose contributions have helped expose fraud networks and illicit payment processors. Through collaboration and transparency, we aim to…
