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ISRAEL AT WAR - DAY 566

forex fraud

Illustrative: Policemen patrol Eleftherios Venizelos International Airport in Athens, June 15, 2020. (AP/Thanassis Stavrakis)
September 15, 2022, 4:08 pm
Israeli arrested at Greek airport over alleged million-euro scam ring
Ori Nagar, 37, accused of large-scale investment fraud by Germany, latest in string of alleged Israeli investment scammers targeted by prosecutors in Bavaria and elsewhere
By Simona Weinglass
Illustrative: Financial crime is becoming ever more sophisticated. (Welcomia/iStock by Getty Images)
September 14, 2022, 9:32 am
Financial offenses tied to terror funds, organized crime in Israel soared in 2021
Report by government agency highlights efforts to combat ‘increasingly sophisticated’ methods of financial crime
By Jeremy Sharon
Illustrative: A policeman holds handcuffs. (Yossi Zamir/Flash90)
June 9, 2022, 5:12 pm
Israeli extradited to Germany over alleged part in massive investment scam
Authorities say Yuri Dashevsky is part of an organized gang that from 2015 to 2019 persuaded investors to invest in fictitious financial instruments
By ToI Staff and Simona Weinglass
Illustrative: In this June 16, 2013 file photo, users browse the Internet in an underground station in Hong Kong. (AP/Kin Cheung)
December 30, 2021, 7:36 pm
With criminals moving online, fraud is now Israel’s top illicit cash crop – ministry
Government report finds scams have become a more lucrative source of money than drug trafficking and physical theft, admits police are unequipped to deal with the phenomenon
By Simona Weinglass
A screenshot of the Tradesolid.com website as it appeared in 2016.
November 2, 2021, 4:23 pm
Court lifts gag order on names of alleged forex scammers wanted in Germany
Germany requesting extradition of Israeli citizens Pavel Kotler, Yuri Dashevsky, Nimrod Blachman and Chen Malka for multimillion-dollar binary options and crypto fraud
By Simona Weinglass
Illustrative: A policeman holds handcuffs. (Yossi Zamir/Flash90)
October 20, 2021, 8:26 pm
Police nab 15 in suspected forex investment scam of German citizens
Raid on Petah Tikva call center carried out at request of German police; group allegedly persuaded investors to invest in fictitious financial operations, authorities say
By Simona Weinglass and ToI Staff
Guy Grinberg in 2016 (Facebook screenshot)
October 7, 2021, 3:18 am
2 of 26 Israelis arrested in forex raids named as Guy Grinberg and Snir Hananya
The pair are among a group arrested for alleged massive fraud and money-laundering offenses at the behest of the FBI
By Simona Weinglass
Illustrative: Police at a march in Tel Aviv against Prime Minister Benjamin Netanyahu on October 6, 2020. (Tomer Neuberg/Flash90)
October 6, 2021, 10:47 am
26 alleged forex fraudsters arrested in Tel Aviv in joint investigation with FBI
Suspects detained for allegedly scamming tens of millions of shekels out of victims abroad; parallel arrest raids carried out in other countries
By ToI Staff
Illustrative. Money and a gavel. (alefexe/iStock by Getty Images; illustration by Joshua Davidovich)
August 2, 2021, 3:03 am
Foreigners file slew of lawsuits against alleged Israeli investment scammers
People who say they lost large sums to fraudulent trading firms are seeking justice in civil court, though they face webs of shell companies and opaque ownership structures
By Simona Weinglass
Police enter a building on May 11, 2021, in connection with an 'action day' against alleged investment fradusters. (Rheinland Pflaz Police)
June 3, 2021, 11:14 pm
Israeli and European police arrest suspects in Israel-run investment fraud
On May 11, police in several countries carried out arrests and searches in connection with the allegedly fraudulent websites: Tradorax, Tradervc, Kayafx, Kontofx and Libramarkets
By Simona Weinglass
[Illustrative] Kosovo police officers wait at the Jarinje border crossing between Serbia and Kosovo, Kosovo, Wednesday, Oct. 9, 2019. (AP Photo/Bojan Slavkovic)
April 18, 2021, 12:55 pm
German police raid call centers allegedly running Israel-linked investment scams
Police have arrested 23 suspects in Kosovo, Bulgaria and Berlin who allegedly operated fraudulent forex, CFD and crypto websites
By Simona Weinglass
Illustrative: A broker works in a trading room of a Portuguese bank in Lisbon, Wednesday, July 3, 2013. (AP/Francisco Seco)
February 17, 2021, 10:56 am
Austrian authorities allege ex-IDF intel officer ‘mastermind’ behind €200m scam
No charges, but investigators say Ilan Tzorya and Tradologic provided software to manipulate financial data and help swindlers defraud consumers; Tzorya denies wrongdoing
By Simona Weinglass, David Horovitz and Joshua Davidovich
Screenshot from a promotional video for the now defunct forex website Trade-24.com (Facebook)
July 26, 2020, 2:21 pm
‘Protect the public,’ Tel Aviv judge in forex fraud case urges state, is ignored
Aghast at allegations in suit brought by US-Israeli couple, judge asks authorities to dig deeper; underlining Israel’s failure to tackle multi-billion internet fraud, he’s rebuffed
By Simona Weinglass
[Illustrative] German police patrol to make sure that the distance regulations are observed during the coronavirus outbreak in Berlin, Germany, Monday, March 23, 2020. (Michael Kappeler/dpa via AP)
April 8, 2020, 9:22 am
European cops nab 9 suspects in $100m fraud with ties to Israel’s binary options
Amid coronavirus restrictions, German, Austrian, Serbian and Bulgarian police launch surprise raids on call center operatives, expose ‘pure deception’
By Simona Weinglass
A view of Ramat Gan's diamond district, where many binary options firms were located, on April 3. 2016. The sign on the building reads "Israel's diamond district: national pride" (Simona Weinglass/Times of Israel)
December 9, 2019, 6:22 am
Foreigners file dozens of lawsuits against Israeli binary options companies
Lawyer for alleged victims says all his cases to date have ended in settlement rather than trial; civil suits provide an avenue for relief amid Israeli police, prosecution inaction
By Simona Weinglass
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