Hong Kong – a great place for scammers!

Amid the COVID-19 pandemics dozens of millions of people are locked down in their home office or must apply social distancing rules. Hence, their social activities are limited to social media and messenger services. The perfect environment for financial fraud which is right now reaching new dimensions. Acting cross-border is definitely an important part of […]

We launch our #VictimsVoice campaign

Gal Barak in Court room

On 8 July 2020, the cybercrime trial of the alleged scammer and principal of a European cybercrime organization, Israeli Gal BARAK, started in Vienna. The public prosecutor accuses Gal Barak of investment fraud with his broker sites like XTraderFX, SafeMarkets, Golden Markets, OptionStars, Golden Markets, or CryptoPoint. EFRI represents more than 225 European victims with stolen funds of more than 6.7 million Euros from this scammer.

Scam Trail – Follow the Money

Launder money with DB

EFRI has developed promisingly over the last two years thanks to its members and supporters. Together with our supporters, EFRI launched several campaigns against cybercrime in Europe. As of June 29th, 2020, 820 victims from investment scams registered with EFRI with a loss of more than 34 Mio Euro.