Overview of the Unislots Casino Scam The Unislots Casino Online is a fraudulent platform operating as part of a larger network of deceitful gambling sites managed by N1 Interactive Ltd and powered by Softswiss. This scam has a significant presence in countries such as the USA, Canada, Europe, Australia, New Zealand, Japan, and Brazil. It is orchestrated by international criminals from Russia and Belarus, including notable figures like Roland Yakovlevich Isaev, Paata Gamgoneishvili, Ivan Montik, Pavel Kashuba, Maksim Trafimovich, and Dmitry Yaikov. How the Scam Operates Deceptive Payment Practices The Unislots Casino scam tricks players into transferring funds through: These…
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Overview of the Cookie Casino Scam The Cookie Casino Online is a fraudulent platform operating as part of a larger network of deceptive gambling sites managed by N1 Interactive Ltd and powered by Softswiss. This scam has a significant presence in countries such as the USA, Canada, Europe, Australia, New Zealand, Japan, and Brazil. It is orchestrated by international criminals from Russia and Belarus, including key figures like Roland Yakovlevich Isaev, Paata Gamgoneishvili, Ivan Montik, Pavel Kashuba, Maksim Trafimovich, and Dmitry Yaikov. How the Scam Operates Fraudulent Payment Practices The Cookie Casino scam lures unsuspecting players into transferring funds through:…
Overview of the Slots Gallery Casino Online Scam The Slots Gallery Casino Online is a fraudulent platform operating as part of a larger network of deceptive gambling sites managed by Hollycorn N.V. and powered by Softswiss. This scam has a significant presence in the USA, Canada, Europe, Australia, New Zealand, Japan, and Brazil. The operation is orchestrated by international criminals from Russia and Belarus, including notable figures such as Roland Yakovlevich Isaev, Paata Gamgoneishvili, Ivan Montik, Pavel Kashuba, Maksim Trafimovich, Andrey Starovoitov, and Dmitry Yaikov. How the Scam Works Deceptive Payment Methods The Slots Gallery Casino scam manipulates players into…
Overview of ASINO Casino Online Fraud The ASINO casino Online is a fraudulent platform operated by an extensive network of deceitful gambling sites. This operation is managed by Hollicorn N.V. and powered by Softswiss, targeting unsuspecting players across the globe. Key affected regions include the USA, Canada, Europe, Australia, New Zealand, Japan, and Brazil. The scheme is orchestrated by international criminals from Russia and Belarus, including high-profile figures such as Roland Yakovlevich Isaev, Paata Gamgoneishvili, Ivan Montik, Pavel Kashuba, Maksim Trafimovich, Andrey Starovoitov, and Dmitry Yaikov. How the Scam Operates Deceptive Payment Practices The ASINO scam preys on players by…
Legal Challenges in Online Casinos, Cryptocurrency Exchanges, and Crypto Processing SoftSwiss and its associated entities, including CoinsPaid, AlphaPo, Merkeleon, and Dream Finance, are no strangers to allegations of money laundering, sanction evasion, and fraudulent activities. Key individuals, such as Ivan Montik, Max Krupyshev, Pavel Kashuba, Dmitry Yaikov, Roland Yakovlevich Isaev, and Paata Gamgoneishvili, are at the center of these controversies. The Network of Companies and Their Legal Troubles 1. Regulatory Scrutiny Operating in the niche market of online casinos comes with its fair share of legal complications. SoftSwiss, operating through its alleged parent company Dama NV, has faced multimillion-dollar fines…
Overview of Global Trader Scam On November 12, 2021, Scam-Or Project published a report exposing the Global Trader broker scam (www.globaltrader.io). The UK Financial Conduct Authority (FCA) has issued an official warning against this fraudulent operation. The scam falsely claims to have offices in Canary Wharf, London, but no information about the operating legal entity or jurisdiction is provided. Disclaimer: Dream Finance OÜ, an Estonia-based licensed crypto payment processor, was identified in the report as a payment processor for the scam. However, the company issued a statement to Scam-Or Project clarifying that it does not support scams and that it…
Overview of Global Trader Scam and Facilitators In November 2021, the UK Financial Conduct Authority (FCA) issued a warning against the Global Trader scam (www.globaltrader.io). Scam-Or Project published a detailed report on the broker scam, revealing the involvement of payment processors such as PayPound for credit and debit card payments and Dream Finance OÜ, an Estonian licensed crypto payment processor doing business as CryptoProcessing and CoinsPaid. Disclaimer: Dream Finance OÜ issued a statement to Scam-Or Project clarifying that they do not support scams. The company asserts that UK-registered Charge Money Ltd abused its services to process payments for the Global…
Overview of CoinsPaid Group In August 2022, Scam-Or Project reviewed CoinsPaid Group, highlighting its significant role as a high-risk crypto payment processor specializing in online gambling and casinos. CoinsPaid’s subsidiary, CryptoProcessing, claims to be the leading crypto processor globally by transaction volume. Despite its achievements, the group has faced controversies, including brief involvement with the scam Global Trader broker via its UK partner, Charge Money Ltd. After Scam-Or Project warning, the business relationship was terminated. Key Data AttributeDetailsTrading NamesCoinsPaid, CryptoProcessingBusiness ActivitiesCrypto exchange & OTC desk operatorHigh-risk crypto payment processorDomainshttps://cryptoprocessing.comhttps://coinspaid.comSocial MediaLinkedIn, Facebook, Instagram, TwitterLegal EntitiesDream Finance OÜ (Estonia), A.R. Merkeleon GmbH…
CoinsPaid and CryptoProcessing Performance On October 25, 2022, CoinsPaid, along with CryptoProcessing, released a press statement claiming its position as the largest crypto payment ecosystem. According to the announcement, the platform has processed over €16 billion in cryptocurrency to date, growing at a rate of nearly €1 billion per month, even amidst a declining market. During Q3 2022, CoinsPaid reportedly handled 4.9 million transactions worth approximately €3 billion. Key Data AttributeDetailsTrading NamesCoinsPaid, CryptoProcessingBusiness ActivitiesCrypto exchange & OTC desk operatorHigh-risk crypto payment processorDomainsCryptoProcessing.comCoinsPaid.comSocial MediaLinkedIn, Facebook, Instagram, TwitterLegal EntitiesDream Finance OÜ (Estonia), Dream Finance UAB (Lithuania), Dream Finance S.A. (El Salvador)A.R. Merkeleon…
CoinsPaid’s Operational Structure CoinsPaid, a crypto payment processor, operates under legal entities based in Estonia, Lithuania, and El Salvador. The company operates via Dream Finance OÜ, holding a crypto license in Estonia. Austrian entrepreneur Alexander Horst Riedinger controls the company, with Max Krupyshev serving as CEO. In a recent press release, CoinsPaid disclosed that it processed a transaction volume of approximately €3 billion in Q4 2022, reflecting a more than 30% increase compared to Q4 2021. Key Metrics for Q4 2022 Highlights from the Press Release: Leadership Insights Max Krupyshev, Co-Founder and CEO of CoinsPaid, stated: “While 2022 was a…