Background: Lenhoff’s Scams and Corporate Ties The Annual General Meeting of Veltyco Group, scheduled for September 19, 2019, carries substantial significance not only for shareholders, but…
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…
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…
Background: Coordinated Action Against Fraud In 2018, a European-based initiative was launched in cooperation with legal professionals and digital finance experts to support individuals affected by…
Regulatory Action from Austrian FMA The Austrian Financial Market Authority (FMA) recently issued an investor warning concerning CELESTIAL TRADING LTD, citing unauthorized brokerage operations through the…
Clarification on Licensing Status In light of recent coverage concerning VELTYCO GROUP PLC and its intention to launch a regulated trading brand, new information has emerged…
Notice from British Columbia Securities Commission According to a recent report from Finance Magnates, the British Columbia Securities Commission (BCSC), a key financial regulator in Canada,…
Major Blow to European Cybercrime Networks In a coordinated effort involving Germany, Austria, and Bulgaria, authorities have dismantled what is considered one of the largest cybercriminal…
Tradeinvest90 – Another Unlicensed Broker The website www.tradeinvest90.com has been flagged as an unlicensed broker targeting retail traders across Europe. Although it presents itself as a…
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…
