Supervised financial institutions showing up in criminal files.

Dear all, Andre Maarten Valkenburg, CEO of PAYVISION filed a preliminary injunction against our table of financial service providers  showing also his name. Although we showed the court extensive proof for the fact that the high-risk business of PAYVISION was going on even after BOOKER and his colleagues left the

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Holding credit card companies accountable

Holding VISA accountable for processing illegal transactions!

EFRI always was convinced that payment companies like PAYVISION or Wirecard willingly and knowingly process illegal transactions for Cybercriminals are to be held accountable. The European supervisory authorities massively fail to do this job. So victims have to go legally against the fraud-enabling payment processors. EFRI supports victims that  filed

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CySEC announcement regarding Maxigrid

CySEC takes action against Maxigrid Ltd and initiates compensation for clients!

Administrative fines and bans for Maxigrid Ltd Finally, on June 17th 2022, The Cyprus Securities and Exchange Commission (CySEC) took action against Maxigrid Ltd. It announced administrative fines totalling € 210,000 and bans against four exercising directors for management functions in Cyprus Investment Firms (C.I.F.s). In specific, CySEC imposed the

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