Background: Binary Options, Wirecard, and the Lenhoff Case In a revealing report published by Felix Holtermann in Handelsblatt, new details have emerged regarding Wirecard’s indirect role…
Overview of an Expanding Cybercrime Network The unfolding case of Uwe Lenhoff, his publicly traded company Veltyco Group PLC, and the associated network of fraudulent trading…
Overview: Payvision’s Role in Broker Fraud Networks This article continues our deep dive into the Payvision story. In Part I, we outlined the key facts: Payvision,…
The 2019 Arrest of Uwe Lenhoff In January 2019, German citizen Uwe Lenhoff was taken into custody following an extensive investigation by authorities in Germany, Austria,…
Rudolf Booker, Cheng Liem Li, and Gijs op de Weegh Leave the Company A significant leadership change has taken place at Payvision. The company’s original founders…
Dutch Journalists Uncover New Developments in the Payvision Story On May 1, 2020, the three original founders of Payvision — Rudolf Booker (45), Cheng Lim Li…
Key Witness and High-Profile Arrests On July 23, 2020, German prosecutors announced that the now-infamous Wirecard case involved an organized criminal operation. According to investigators, Oliver…
Background: Payvision and Its Role in the Financial Ecosystem Payvision, a Netherlands-based financial technology firm, has come under increased legal scrutiny following revelations about its historical…
Background: Payvision’s Integration into ING Payvision, founded in 2002 by Rudolf Booker, was acquired by ING Group in 2018 for approximately €350 million. The deal attracted…
Background: Origins of Payvision Rudolf Booker, an Amsterdam-based entrepreneur, founded the payment service provider Payvision in 2002. The company operated steadily until around 2015, when it…
