Enforcement Action Announced Under AML Law 188(I)/2007 On 3 October 2025, the Central Bank of Cyprus (CBC) issued a public statement under the Prevention and Suppression…
Ruediger Trautmann, a former COO of Wirecard (2005–2010), played a key role in establishing undisclosed entities linked to the Wirecard scheme, according to the Zatarra Report.…
Klarpay, a FINMA-regulated fintech, recently announced key milestones for Q3 2022, following an investment from the Payabl Group. Payabl, founded by former Wirecard executives Ruediger Trautmann,…
According to Similarweb’s September 2022 statistics, Payabl (formerly PowerCash21) has seen a tenfold surge in website traffic during Q3 2022, skyrocketing from 15,000 to nearly 140,000…
Until 2021, the Bank of Cyprus-regulated payment institution Payabl operated under the name PowerCash21. This high-risk payment processor, founded by former Wirecard executives Dietmar Knoechelmann and…
YesOption was one of the notorious Israeli binary options scams operated by Diamond Global Ltd, registered in the Marshall Islands. Payment processing was handled through Global…
The long-awaited Wirecard trial officially began on December 8, 2022. The central question: Who is truly responsible for the scandal? Key figures in the courtroom include…
In Munich, former Wirecard CEO Markus Braun is fighting to clear his name in court. On Thursday, he presented a PowerPoint analysis attempting to demonstrate that…
Our ongoing investigation into high-risk payment processors has led us to uncover several new domains facilitating transactions for high-risk merchants. These payment processors are crucial to…
