Request for Information: Victims of Scams Facilitated by Payvision
The Role of Card Payments in Online Fraud Card payments remain one of the most widely used online payment methods. In many cases, the only way…
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Broker Scams and the Legal Pushback – Scam-Or Project Intensifies Focus on Israel
International Fund Recovery Initiatives Intensify in Israel In late 2023, the Scam-Or Project launched a major initiative aimed at helping victims of broker-related fraud schemes recover…
European Enforcement Operation: Gal Barak — The Wolf of Sofia — Taken Down
A Coordinated Blow Against a Pan-European Crime Network In a significant multinational enforcement effort, Austrian, German, and Bulgarian authorities have dismantled a major criminal organization running…
Open Letter Regarding Wealth Recovery International and the Case of Austin Smith
Introduction To the team at Wealth Recovery International, To Ms. Tami Hamm, This letter aims to address recent events and public discussions concerning Wealth Recovery International…
The Lenhoff-Barak Network and the Montenegrin Money Trail
Unraveling Cross-Border Financial Operations from Montenegro to Bulgaria A Widening Web of Financial Crimes The sprawling financial operations of Uwe Lenhoff and Gal Barak, two central…
Gal Barak Extradition Case: Ongoing Hearings in Sofia
New Court Session Held in Bulgaria Today, judicial authorities in Sofia are once again addressing the extradition request from Austria regarding Gal Barak, an Israeli national…
The Payvision Case: Tracing the Money Trail from Victims to Scammers
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 Collapse of a Fraud Empire: Infighting Among Binary Options Scammers
The Rise and Fall of Israel’s Binary Options Industry In 2016, Israeli investigative journalist Simona Weinglass shed light on the widespread binary options fraud in her…
Unveiled Connections: Novox Capital, Payvision, and Lenhoff’s Binary Options Empire
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,…
Payvision Processed €130 Million for Broker Scammers Lenhoff and Barak, Despite Reporting Suspicious Activity
The FinTech Sector’s Role in Supporting Fraud The importance of financial technology providers in enabling large-scale investment fraud has become increasingly evident. U.S. prosecutors have repeatedly…