€100 million online trading scam busted in EU

#1
A successful operation of the low enforcement authorities in Austria, Germany, the Czech Republic and Bulgaria has led to the arrests of several people, among which the Izraeli citizen Gal Barak, who is accused of running an online trading scam ring that has stolen over 100 million Euro form retail investors across Europe in 2018 alone.

Barak was arrested in Sofia earlier this month and awaits deportation to Austria, where he is expected to stand trial.

The organization run by Barak operated a number of fake online forex, crypto and binary options brokers, among which XtraderFX, Optionstars, OptionstarsGlobal, Golden Markets, SafeMarkets, Cryptopoint, 60op.com, Trade.com, Optionbit and option888.


LikeRe: €100 million online trading scam busted in EU

#2
mlawson71 wrote:
Fri Mar 01, 2019 3:06 am
A successful operation of the low enforcement authorities in Austria, Germany, the Czech Republic and Bulgaria has led to the arrests of several people, among which the Izraeli citizen Gal Barak, who is accused of running an online trading scam ring that has stolen over 100 million Euro form retail investors across Europe in 2018 alone.

Barak was arrested in Sofia earlier this month and awaits deportation to Austria, where he is expected to stand trial.

The organization run by Barak operated a number of fake online forex, crypto and binary options brokers, among which XtraderFX, Optionstars, OptionstarsGlobal, Golden Markets, SafeMarkets, Cryptopoint, 60op.com, Trade.com, Optionbit and option888.
Right on! The more busts the better. Good work on posting this up brother :problem:
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Re: €100 million online trading scam busted in EU

#3
mlawson71 wrote:
Fri Mar 01, 2019 3:06 am
A successful operation of the low enforcement authorities in Austria, Germany, the Czech Republic and Bulgaria has led to the arrests of several people, among which the Izraeli citizen Gal Barak, who is accused of running an online trading scam ring that has stolen over 100 million Euro form retail investors across Europe in 2018 alone.

Barak was arrested in Sofia earlier this month and awaits deportation to Austria, where he is expected to stand trial.

The organization run by Barak operated a number of fake online forex, crypto and binary options brokers, among which XtraderFX, Optionstars, OptionstarsGlobal, Golden Markets, SafeMarkets, Cryptopoint, 60op.com, Trade.com, Optionbit and option888.
"Gal Barak"...is that like a female version of Obama?