ruling from ECJ in the GAL BARAK case is still pending

ECJ has issued clear guidelines on the transparency duties of banks!

Cybercrime has become a threat to our society! Recent data reveals an alarming rise in cybercrime, posing a significant threat to our global society. A comprehensive study conducted by the renowned digital industry association Bitkom, underscores the gravity of the situation. It indicates that cyberattacks, often linked to organized crime

Read More »
Money flow in the card systems

Why do scammers need to work with card companies!

The only purpose of doing scams is to get hold of victims’ money.   With the “Follow the Money” approach becoming a well-known investigation tool for the prosecutors, opaqueness, and complexity in structuring the money flow from the victims to the scammers are critical for cybercriminals.  The more opaque and

Read More »
brands processed by payvision

Payvision´s cooperation with Gal Barak and Uwe Lenhoff!

The cooperation of Payvision B.V., a Dutch supervised Payment Service provider, with the cybercriminals Gal Barak, Uwe Lenhoff, and his accomplices (Gery Shalon, Vlad Smirnov, and others) began in 2013. The cooperation ended at the end of January 2019 with the arrest of Gal Barak and Uwe Lenhoff. When reading

Read More »

Mercuryo – a Russian crypto payment service provider!

Mercuryo´s SLAPP against EFRI As of 24 April 2023 the mercuryo group initiated a SLAPP –  Strategic Lawsuit Against Public Participation – against EFRI and its board members for defamation reasons. The Austrian lawyer BINDER GRÖSSWANG represented them in court. The request for a preliminary injunction related to a table

Read More »
court room

Criminal trials around Barak´s and Lenhoff´s criminal organizations.

The criminal organization around Gal and Marina Barak, Uwe Lenhoff, Gery Shalon, Vlad Smirnov and their service providers (call centers, marketing affiliates, payment service providers) defrauded tens of thousands of innocent retail investors with their fraudulent websites (optionstarsglobal, xtraderfx, safemarkets, cryptopoint, goldenmarkets, zoomtrader, option888, xmarkets, tradovest, tradeinvest90) during the years

Read More »
criminal charges 2023

Criminal charges for investment scammers 2023

As there is no central register for criminal charges brought against scammers in Europe and it gets really burdensome to remain updated, we will try to summarize our knowledge about the criminal trials and criminal proceedings ongoing here. TradeSolid, SolidCFD, IntegraOption, FXIntegra, TechOption, GetFinancial, ProCapitalMarkets, GainFinTech, MyCoinBanking, AccepTrade, ProfitsTrade, CoinsBanking

Read More »
Option888

Dutch Legal Action against Payvision BV started!

Around 300 victims from all over Europe,  coordinated and supported by EFRI, have been requesting restitution payments for their losses since they learned about the reckless and willful involvement of Payvision in Barak and Lenhoff´s online scams. Legal claims in Austria and Germany are already pending. Additionally, a larger group

Read More »
UK Companies House set for reforms

UK companies are a plague, reforms are badly required!

Graham Barrow has been highlighting the misuse of the UK Companies House for years now.  Today, he announced on Linkedin that as of yesterday, 18 April 2023, 11,069,109 companies are registered with the UK  Companies House Register. Out of these 11 million registered entities, only  5,227,447 are active.   Founded

Read More »