Are you a victim of option888, xmarkets, Tradovest, zoomtrader?

option888

Are you a victim of option888, xmarkets, Tradovest, zoomtrader?

Uwe Lenhoff, a German,  was arrested on 25th of January 2019 in Tyrol, Austria and faced multiple charges related to fraud. He was identified as the beneficial owner of the investment scams websites option888, xmarkets, Tradovest and zoomtrader/zoomtraderGlobal and Tradeinvest90.

His criminal proceedings were subsequently transferred to Germany. Unfortunately, he was found dead in his prison cell on July 5, 2020, before he could stand trial.

His death raised questions about the circumstances surrounding his demise, especially given the serious nature of the allegations against him.

Elfriede Sixt, founder of EFRI, filed a money laundering complaint against Uwe Lenhoff and some other guys (Joachim Kalcher) with the Austrian law enforcement back in spring 2017. Beginning with mid 2018 we helped expose the fraud and to bust the websites.

Lenhoff´s friend and enabler was Rudolf Booker!

In early 2016, DJ Bakker, a Dutch company builder facilitated a meeting between Rudolf Booker, the founder and former CEO of PAYVISION, and Uwe Lenhoff. At that time, Lenhoff was on the verge of launching Option888, his first investment scam website. Bakker provided the necessary financing, while Barak assisted in establishing the boiler rooms, and Payvision handled the processing of card payments. This collaboration marked the beginning of a controversial relationship that would later draw significant scrutiny due to allegations of fraud and money laundering associated with Lenhoff’s operations. Payvision’s involvement with Lenhoff and other known scammers became central to its business model during this period. Despite warnings from various financial authorities regarding Lenhoff’s fraudulent activities, Payvision continued to process substantial amounts of money linked to scams orchestrated by him and his associates 

 

Payvision BV (a 100% subsidiary of ING Group (one of the biggest banks in Europe) has supported scammers since its establishment in 2002 by providing payment gateway services and later acting as an acquirer. The personal friendship between Rudolf Booker and Uwe Lenhoff, both of whom shared a passion for owning and driving luxury cars like Ferraris and Lamborghinis, marked the beginning of significant business ventures for both individuals. Lenhoff also served as a reseller for Booker. Consequently, Gal Barak and Gery Shalon began utilizing Payvision for their own fraudulent activities. This collaboration not only facilitated various scams but also raised serious ethical concerns regarding Payvision’s operations and its role in processing payments for fraudulent schemes. Despite warnings from regulatory authorities about Lenhoff’s activities, Payvision continued its partnerships, prioritizing profit over compliance and consumer protection

In total Payvision BV  processed more than 70 mio € card payments for Uwe Lenhoff´s venture during the period 2016 up to January 2019.

Legal responsibility for fraud!

Through their facilitation of card payments for scammers, Payvision BV  assumed liability for the fraud and subsequent bankruptcies of the companies they had accepted onto their platforms

EFRI´s legal actions against Payvision!

During the past years we have undertaken a lot of actions against PAYVISION BV,  you can read about all our actions undertaken against them on this website.  It was specially difficult as ING Group NV, the owner of PAYVISION up to today refused to go legally against the ex-CEO of Payvision (Rudolf BOOKER).

Since September 2023 a civil litigation in our case (EFRI/Payvision/ING)  is pending in Amsterdam. Settlements on an individual basis were offered during the past months. Summarizing Payvision/ING does not show any remorse but wants to deal with the matter as cheaply as possible.

 

Now is not the right time to give up!

Due to ongoing discussions with victims, we are aware that many of Lenhoff’s victims are suffering from old-age poverty and severe illness as a result of the fraud and the loss of their life savings.  Many of them have simply given up, believing there is no chance of getting their money back.

But this is not true. Do not give up—join us! It cannot be acceptable for large companies like ING Group and its subsidiaries to support scammers without taking any responsibility, either ethically or financially.

 

If you would like to join our case to seek a refund, please be aware that we will need to see your deposit slips with the scammers.If you no longer have access to this information, please still come forward; we will do our best to find a way to assist you. (Note: we only work on a success fee basis).