Acknowledgement:
Scam-Or Project extends its gratitude to whistleblowers whose contributions have helped expose fraud networks and illicit payment processors. Through collaboration and transparency, we aim to protect the digital financial space.
The Rise and Fall of a Global Scam Network
The binary options fraud wave that began in Israel wreaked havoc worldwide, leaving hundreds of thousands of victims and incurring billions in damages. Among the key players were Anton Senderov and Lior Babazara, associated with Liantech Finance Marketing Ltd. Although they settled charges with the U.S. Securities and Exchange Commission (SEC) in 2020, many victims outside the United States are still seeking justice.
Key Information Summary
|
Category |
Details |
|
Scam Brands |
UFinancion, Ivory Option, 72Option, Glenridge Capital, LBinary |
|
Website |
ufinancion.com |
|
Social Media |
|
|
Corporate Entities |
IMedia Ltd (Marshall Islands), LianTech Finance Marketing Ltd (Israel), Liantech Ltd (Israel) |
|
Jurisdictions |
Israel, Marshall Islands |
|
Key Individuals |
Anton Senderov, Lior Babazara (a/k/a Lior Bar), Adi Levy, Yan Erikhman, Andrew Langenfeld, Tarek Laban (Israel), Alexandra Northrop (a/k/a Megan Smith, US), Kristiina Berg |
|
Legal Action |
Regulatory Enforcement vs. Global Damage
In the SEC case, Anton Senderov and Lior Babazara neither admitted nor denied the allegations but consented to the following financial penalties:
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$560,000 in disgorgement and interest (joint and several liability)
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$350,000 civil penalty per individual
This enforcement action only addressed the fraud involving 2,800 American investors, which accounted for over $5 million in losses. Meanwhile, victims in other regions—particularly in Australia and New Zealand—continue to seek legal recourse and compensation.
Connection to the Cartu Brothers Network
The Glenridge Capital operation, allegedly managed by Liantech, functioned as a white-label scam under the notorious GreyMountain Management umbrella, run by the Cartu Brothers—David, Jonathan, and Joshua Cartu. These individuals remain fugitives under active investigation by the U.S. Commodity Futures Trading Commission (CFTC).
Call to Action: Join the Whistleblower Effort
Victims and legal representatives have urged us to gather information regarding the individuals behind the Liantech scams, including operations tied to UFinancion. The damage extends far beyond U.S. borders, impacting thousands across multiple continents.
If you possess any insight regarding Liantech’s schemes, personnel, or associated networks, we encourage you to report it through our secure whistleblower section.
Your information can help bring accountability and justice to those affected by these fraudulent operations.