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ISRAEL AT WAR - DAY 562

BinaryBook

Austin Smith, owner of Wealth Recovery International that claimed to recover money for victims of binary options. (Facebook screenshot)
December 7, 2019, 4:04 pm
US jails binary options fraudster, who then claimed to help victims, for a year
As former Israeli immigrant Austin Smith prepares to serve his term, ex-legal counsel for Wealth Recovery International says she’s helping US authorities track down clients’ money
By Simona Weinglass
Lee Elbaz arrives at federal court for jury selection in her trial in Greenbelt, Maryland, July 16, 2019. (AP Photo/Jose Luis Magana)
August 3, 2019, 3:26 pm
Fraud trial of Lee Elbaz to enter third day of jury deliberations
As the prosecution and defense await verdict, jury members ask for sticky notes, paper clips and a definition of ‘beyond a reasonable doubt’
By Simona Weinglass
Liora Welles in a photo she uploaded to Facebook in December 2015. (Screenshot: Facebook)
July 30, 2019, 6:39 am
Convicted binary options operative: ‘I’m taking responsibility for what I did’
Liora Welles, one of thousands of Israelis who worked in widely fraudulent industry, tells US court at boss’s trial that ‘it took me a long time’ to realize magnitude of the crime
By Simona Weinglass
BinaryBook's website homepage.
July 9, 2019, 9:38 pm
Ahead of fraud trial, US lays bare ‘multitude of lies’ of Israeli binary options
Confirming years of investigative journalism by The Times of Israel, US Justice Department describes the cynical modus operandi of crooks who stole billions from victims worldwide
By David Horovitz and Simona Weinglass
Employees of Yukom Communications Ltd receive cars for achieving high sales quotas in 2015 (Facebook screenshot)
June 17, 2019, 3:15 pm
US indicts nine more Israeli binary options operatives
In a February indictment just unsealed, 3 alleged BinaryBook and BigOption bosses are charged with wire fraud and conspiracy
By Simona Weinglass
Liora Welles in a photo she uploaded to Facebook in December 2015. (Screenshot: Facebook)
December 27, 2018, 11:22 pm
2 more Israeli women charged in US in binary options fraud case
Liora Welles and Shira Uzan, accused of working as sales representatives to swindle millions of dollars out of victims, plead guilty to conspiracy charges
By AP and ToI Staff
A Facebook photo of Lee Elbaz taken during her house arrest in San Francisco in January 2018 (Facebook screenshot)
October 20, 2018, 6:39 pm
Joining the likes of Madoff, alleged binary options fraudster to get DOJ website
Notorious distinction is because US government alleges Lee Elbaz, former CEO of Israeli binary options firm, may have ‘affected thousands’ of victims
By Simona Weinglass
Lee Elbaz, former CEO of Yukom Ltd. (Linkedin)
March 24, 2018, 9:50 pm
US grand jury indicts alleged Israeli binary options fraudster Lee Elbaz
CEO of Yukom Communications charged with defrauding investors all over the world through the websites Bigoption.com and BinaryBook.com
By Simona Weinglass
Lee Elbaz, former CEO of Yukom Ltd. (Linkedin)
September 24, 2017, 9:51 am
FBI arrests Israeli binary options CEO as she disembarks El Al flight at JFK
Alleged fraudster Lee Elbaz under house arrest in US, faces up to 40 years in US prison for wire fraud
By ToI Staff
Photo credit: Denisfilm/Istock by Gettyimages
December 20, 2016, 1:55 pm
How a former US secret agent recovered $2 million for binary options victims
Haggai Carmon spent 20 years tracking money launderers for Department of Justice. He says binary options industry ‘layering’ reminds him of sophisticated espionage or terror group
By Simona Weinglass and David Horovitz
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