Mandates from Affected Investors In recent weeks, several hundred investors affected by fraudulent online brokerage platforms have issued legally valid Powers of Attorney (POA) to representatives…
The Complexity of Retrieving Lost Funds Scam-Or Project often receives requests from victims of online investment scams seeking help in recovering their funds. While we appreciate…
Background: Enforcement Actions Prompt Relocation In February 2019, coordinated enforcement actions by EU authorities in Germany, Austria, and Bulgaria led to the arrest of Israeli national…
Overview: How an International Fraud Scheme Operated in Plain Sight The fraudulent broker network led by Uwe Lenhoff and Gal Barak would not have reached such…
Background and Launch of Coordinated Campaigns Following the arrest of Uwe Lenhoff, founder of Option888, in January 2019, the first public campaign focused on recovering investor…
Rising Attention to Cybercrime and Online Fraud In recent years, the issue of cyber-enabled financial fraud has gained growing attention among law enforcement agencies and regulators…
Cross-Border Investigations into Lenhoff-Barak Network Advance The multi-jurisdictional investigation into large-scale broker scams connected to German national Uwe Lenhoff and his associates Gal Barak, Gery Shalon,…
Background: Law Enforcement Strikes Against Cybercrime Duo In early 2019, Gal Barak, an Israeli national, and his German partner Uwe Lenhoff were taken into custody during…
Overview: The Rise and Fall of B2G GmbH Established in 2016 in Cologne, Germany, B2G GmbH was launched by Rainer Treuer (see LinkedIn) and Oleg Shvartsman…
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…
