The German FinTech giant Wirecard remains embroiled in controversy. After several investigations and reports from the Financial Times (FT) and…
Browsing: Binary Options
In the first part of our investigation, Scam-Or Project uncovered Wirecard’s close relationship with SpotOption, a key Israeli provider of…
Federal Court Imposes Heavy Sanctions for Operating Unregistered Trading Operation The U.S. Commodity Futures Trading Commission (CFTC) has secured a…
A Transcontinental Scam Network Emerges While U.S. regulators and courts have steadily advanced their pursuit of fraudulent binary options operations,…
Regulatory Action in the United States In June 2017, the Washington State Department of Financial Institutions issued a decisive enforcement…
Overview of Legal Developments in Binary Options Fraud Although binary options were banned years ago, legal proceedings addressing the associated…
Source: Facebook page of Red Mountain Management, August 2005 Expanding the GreyMountain Exposure Several weeks ago, the Scam-Or Project initiated…
Overview of International Fintech and Its Background International Fintech is a Lithuanian-registered company authorized by the Bank of Lithuania to…
Overview of the GToptions Binary Options Scheme In April 2017, the British Columbia Securities Commission (BCSC) in Canada placed GToptions…
Overview of the GreyMountain Operation The fraudulent network built around GreyMountain Management Ltd (GMM)—led by Israeli nationals David Cartu, Jonathan…