Background: Binary Options, Wirecard, and the Lenhoff Case In a revealing report published by Felix Holtermann in Handelsblatt, new details…
Browsing: PayVision
Overview of an Expanding Cybercrime Network The unfolding case of Uwe Lenhoff, his publicly traded company Veltyco Group PLC, and…
Background: Origins of Payvision Rudolf Booker, an Amsterdam-based entrepreneur, founded the payment service provider Payvision in 2002. The company operated…
The Central Role of High-Risk Payment Processors in Online Fraud High-risk payment processors (HRPPs) are frequently identified as core facilitators…
Background: Connection Between Payvision and Key Defendants Rudolf Booker, founder and former CEO of the Amsterdam-based payment processor Payvision, maintained…
Background: Coordinated Action Against Fraud In 2018, a European-based initiative was launched in cooperation with legal professionals and digital finance…
Mandates from Affected Investors In recent weeks, several hundred investors affected by fraudulent online brokerage platforms have issued legally valid…
Introduction The collaboration between illicit broker operations and regulated payment service providers (PSPs) has facilitated extensive financial fraud. Notably, German…
Introduction In May 2019, Wirecard, a prominent German fintech company, issued a press release addressing allegations of its involvement with…
Overview of the Allegations Payvision, a payment processing company and former subsidiary of ING Group, has come under scrutiny in…