The Complexity of Retrieving Lost Funds Scam-Or Project often receives requests from victims of online investment scams seeking help in…
Browsing: Option888
A Public Company Built on a Hidden Network VELTYCO GROUP PLC, a company listed on the London Stock Exchange (AIM),…
Announcement from VELTYCO On December 31, 2018, publicly listed VELTYCO GROUP PLC, associated with Uwe Lenhoff (main shareholder) and Marcel…
Major Blow to European Cybercrime Networks In a coordinated effort involving Germany, Austria, and Bulgaria, authorities have dismantled what is…
Tradeinvest90 – Another Unlicensed Broker The website www.tradeinvest90.com has been flagged as an unlicensed broker targeting retail traders across Europe.…
Introduction The collaboration between illicit broker operations and regulated payment service providers (PSPs) has facilitated extensive financial fraud. Notably, German…
Overview Xtrabit s.r.o., a Czech-based payment service provider (PSP), has been implicated in facilitating financial transactions for fraudulent online broker…
Overview: How an International Fraud Scheme Operated in Plain Sight The fraudulent broker network led by Uwe Lenhoff and Gal…
Introduction In May 2019, Wirecard, a prominent German fintech company, issued a press release addressing allegations of its involvement with…
Background and Launch of Coordinated Campaigns Following the arrest of Uwe Lenhoff, founder of Option888, in January 2019, the first…