LATEST UPDATES
The Kosher Restaurant in Sofia: How Gal Barak Remains Shielded by Local Connections
Cybercrime Allegations and Legal Proceedings Israeli national Gal Barak has been identified by EU authorities as a key figure in
Who Is Behind the Zoo Broker Scam Network?
Investigating Operators of Silver Wolf, Brown Fox, Blond Bear, and Blue Seal Update (May 20, 2019 – 5:30 PM) In
The Wolf of Sofia: Gal Barak, Marina Andreeva, and a Web of Offshore Entities
Court Disruption Delays Extradition Proceedings A bomb threat at the Palace of Justice in Sofia recently postponed a critical hearing
Gal Barak Turns on Uwe Lenhoff, Denies Business Ties While Confirming Legal Exposure
Documented Collaboration Contradicts Barak’s Denial Scam-or Project has reviewed dozens of internal documents and communications that contradict Gal Barak’s claims
Wirecard and Binary Options: Handelsblatt Investigates Connection with Option888 Scheme
Background: Binary Options, Wirecard, and the Lenhoff Case In a revealing report published by Felix Holtermann in Handelsblatt, new details
Veltyco-Lenhoff Investigation: German ‘Tagesschau’ Reveals Scale of Fraud and Its Victims
Overview of an Expanding Cybercrime Network The unfolding case of Uwe Lenhoff, his publicly traded company Veltyco Group PLC, and
REGULATORY UPDATES
The Bulgarian NRA Hack: Conspiracy Theories and Alleged Links to Gal Barak
Massive Data Breach in Bulgaria On July 17, 2019, major international outlets, including the New York Times, reported on the hacking of Bulgaria’s National Revenue
Veltyco Group AGM on September 19, 2019: Critical Oversights and Shareholder Concerns
Background: Lenhoff’s Scams and Corporate Ties The Annual General Meeting of Veltyco Group, scheduled for September 19, 2019, carries substantial
The Payvision Case: Tracing the Money Trail from Victims to Scammers
Overview: Payvision’s Role in Broker Fraud Networks This article continues our deep dive into the Payvision story. In Part I,
The Collapse of a Fraud Empire: Infighting Among Binary Options Scammers
The Rise and Fall of Israel’s Binary Options Industry In 2016, Israeli investigative journalist Simona Weinglass shed light on the
The Gal Barak Investigation: Uncovering the Network Behind the Fraud
Ongoing Legal Battle for Extradition For more than six months, legal authorities in Austria and Bulgaria have been engaged in
Gal Barak Extradition Case: New Evidence Provided by Former Serbian Associates
Background and Legal Developments The ongoing legal proceedings concerning the extradition of Gal Barak, an Israeli national accused of operating
Unveiled Connections: Novox Capital, Payvision, and Lenhoff’s Binary Options Empire
The 2019 Arrest of Uwe Lenhoff In January 2019, German citizen Uwe Lenhoff was taken into custody following an extensive