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…
Overview of the Allegations Payvision, a payment processing company and former subsidiary of ING Group, has come under scrutiny in connection with its historical business relationships…
Gal Barak and the E&G Bulgaria Operation In September 2020, Israeli national Gal Barak was sentenced to four years in prison and ordered to pay millions…
Legal Scrutiny Expands Across Germany and Austria Payvision and its former CEO Rudolf Booker are currently under formal criminal investigation in both Germany and Austria. These…
A History of Controversy: Deutsche Handelsbank Under Scrutiny Deutsche Handelsbank, long under the spotlight of Scam-Or Project, is reportedly preparing to shut down its payment division,…
Barak’s Sentence in Austria and Legal Battle in Germany In September 2021, Israeli national Gal Barak was sentenced to four years in prison in Austria for…
Rudolf Booker and the Rise (and Fall) of Payvision Rudolf Booker, reportedly enjoying life aboard his €30 million yacht with annual upkeep of €3 million, has…
Legal troubles continue to mount for ING and its discredited subsidiary Payvision. In November 2021, PayVicki LLC, a U.S.-based company, initiated legal action against both companies…
Introduction Legal actions have been initiated against Payvision, a former subsidiary of ING, concerning its alleged involvement in processing payments for fraudulent broker schemes. Instead of…
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…
