Explosive ING Legacy: Payvision’s Fraud Role — Passive Processor or Active Enabler?
At first glance, Payvision may seem like a relic from the binary options era. However, the issue is far from closed. A recently analyzed dossier suggests…
Trending Now:
ING
Landmark French Ruling Holds Payment Processors Liable for Broker Scams: A Blueprint for EU Victims?
A recent decision by the French Supreme Court (Cour de Cassation) has set a powerful legal precedent by confirming the liability of payment processors such as…
The Banking Paradox: How Tier-1 European Banks May Be Helping Illegal Offshore Casinos Survive Through Transaction Laundering Blind Spots
Overview As European gambling regulators escalate enforcement against illegal offshore casino operators, a more difficult question is surfacing for the banking sector: are major retail banks,…
Payvision Chats: Alleged Evidence at the Core of Europe’s Payment Scandal
For years, Payvision was marketed as a Dutch fintech success story. The newly disclosed Payvision chat excerpts, however, paint a far darker picture. According to criminal…
The Payvision Files
New File Excerpts Point to CEO-Level Involvement in the Lenhoff–Barak Cybercrime Network One of Europe’s largest cybercrime investigations—spanning dozens of indictments and civil claims by victims—placed…
Neutral Briefing Note: Euro Stablecoin Project Under MiCA
1) Scope A group of nine European banks has incorporated a company in the Netherlands to issue a euro-denominated stablecoin that will operate within the EU’s…
ING’s Subsidiary Payvision: Regulatory Challenges and Victim Complaints
Payvision, a Dutch payment processor founded in 2002 by Rudolf Booker, has faced significant regulatory scrutiny and numerous complaints from fraud victims. Acquired by ING Group…
Payvision CEO Rudolf Booker’s Association with Cybercrime Mastermind Uwe Lenhoff
In November 2018, Rudolf Booker, then CEO of Payvision, attended a birthday celebration for Uwe Lenhoff, a suspected German cybercrime mastermind. This event, held at a…
Examining Disparities in the Dutch Judicial System: The Cases of Payvision and Tornado Cash
Recent legal proceedings in the Netherlands involving Payvision and Tornado Cash have highlighted significant inconsistencies within the Dutch judicial system’s approach to financial crimes. Payvision: Lenient…
Indictment Update in the E&G Bulgaria Cybercrime Case Involving Payvision
While proceedings in the Veltyco Cybercrime Scheme are ongoing in Saarbrücken, Germany, another case—E&G Bulgaria—is being pursued in Bamberg by German prosecutor Nino Goldbeck. According to…