Introduction The collaboration between illicit broker operations and regulated payment service providers (PSPs) has facilitated extensive financial fraud. Notably, German…
Browsing: Gal Barak
Introduction The extensive financial losses suffered by retail investors through illicit online broker schemes have been significantly enabled by certain…
Overview Xtrabit s.r.o., a Czech-based payment service provider (PSP), has been implicated in facilitating financial transactions for fraudulent online broker…
Overview: LottoPalace’s Decline Under Scrutiny LottoPalace, an online lottery platform linked to the now-incarcerated German entrepreneur Uwe Lenhoff and the…
Overview MoneyNetInt Ltd, a UK-registered payment services provider (psp), has come under scrutiny for its alleged involvement in facilitating transactions…
Background: Enforcement Actions Prompt Relocation In February 2019, coordinated enforcement actions by EU authorities in Germany, Austria, and Bulgaria led…
Overview: How an International Fraud Scheme Operated in Plain Sight The fraudulent broker network led by Uwe Lenhoff and Gal…
The Case of Uwe Lenhoff and a Failing System Originally published in German by Süddeutsche Zeitung journalist Uwe Ritzer on…
Background and Launch of Coordinated Campaigns Following the arrest of Uwe Lenhoff, founder of Option888, in January 2019, the first…
Introduction The arrest of Uwe Lenhoff, a self-proclaimed online gambling pioneer, has brought to light the complexities surrounding the use…