Background and Legal Findings The Czech-registered company Xtrabit s.r.o., associated with Russian-born Australian citizen Vladislav “Vlad” Kogan, has been legally…
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Role of PSPs in Broker Fraud Ecosystems Fraudulent online trading platforms would not have been able to flourish without the…
Overview: Tracing the Financial Facilitators of Investment Scams Scam-Or Project recently initiated a campaign aimed at identifying unregulated and unauthorized…
U.S. Federal Charges Target Illicit Crypto-Linked Financial Activities The U.S. Attorney for the Southern District of New York, in collaboration…
Mandates from Affected Investors In recent weeks, several hundred investors affected by fraudulent online brokerage platforms have issued legally valid…
Overview Xtrabit s.r.o., a Czech-based payment service provider (PSP), has been implicated in facilitating financial transactions for fraudulent online broker…
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…
Background and Launch of Coordinated Campaigns Following the arrest of Uwe Lenhoff, founder of Option888, in January 2019, the first…
Rising Attention to Cybercrime and Online Fraud In recent years, the issue of cyber-enabled financial fraud has gained growing attention…