For over four years, we have meticulously examined criminal files to decipher the operations of Barak and Lenhoff´s criminal organization and the involvement of Payment Service Providers (PSPs) in these schemes. In recent months, as we collected information for the ongoing civil proceedings against Payvision and Deutsche Bank, we have
EUFRS.ORG is an impersonation scam, so pls take care and avoid any interaction! Scammers also use these impersonation emails, more to come soon; (pls do not react): [email protected]; EFRI Recovery <[email protected]> We filed a criminal complaint with the local prosecutor in Austria. In case you want to join the criminal
The package of legislative proposals On 21 July 2021, the European Commission presented a package of legislative proposals designed to combat money laundering, terrorist financing and sanctions evasion. . This proposed AML/CFT Package included four pieces of draft legislation which consist of: The EU “single rulebook” Regulation ( “AMLR” ):
Adverse decision of the Koblenz regional court for a Wirecard investor! On December 22, 2023, the regional court in Koblenz, Germany decided that Commerzbank AG – one of the biggest banks in Germany – is not liable for recommending investments in Wirecard although knowing about irregularities within the Wirecard group
With decision of January 10, 2024 III Zr 57/23 the German Federal Supreme Court finally rejected a claim brought by a Wirecard shareholder for damages against BaFin (BGB § 839 para. 1 sentence 1 Ca; WpHG § 106 ff (F: until December 31, 2021). The Federal Supreme Court found that
Crypto assets, hailed as a remarkable innovation, have become a perfect vehicle for fraud. Crypto assets opened the door to a shockingly high level of fraud. The lack of regulatory oversight about crypto assets contributes to the issue. Crypto assets have a different status in different jurisdictions. Even with recovery
On a daily basis we get emails from victims asking for advice wether to engage a lawyer for the recovery of their stolen funds. We have worked with lawyers from all over Europe during the past four years, so we are probably really the best point to get advice on
Ruthlessness reaches a new high! Despite being aware of ongoing criminal proceedings for culpable money laundering, despite pledging to the Dutch prosecutor to try hard to remedy compliance shortcomings (under the oversight of DNB), and despite being very well aware of the dirty kind of business PAYVISION was in, ING
Payvision BV, a 100% entity of ING Bank NV (one of the biggest bank in Europe) was identified by the Austrian law enforcement agency as being the main payment processor for a vast criminal organization headed by Gal Barak, Gery Shalon, Uwe Lenhoff and others. Payvision willfully, and ruthlessley violated
Over the past four years, we have communicated with hundreds of victims of online trading scams. We’ve analyzed their banking documents and prepared criminal complaints on their behalf. Additionally, we’ve reviewed hundreds of pages of court files. At this point, we believe we have a comprehensive understanding of how online
EFRI is the abbreviation for European Funds Recovery Initiative. The legal entity behind this Initiative is a not-for-profit organisation (EFRI-Association) registered in Vienna, Austria. Here you can read the statutes of the not-for-profit organization. Read More
