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Frederick Turbide

Brian Roxborough and his wife (Courtesy)
December 11, 2017, 6:03 am
Suicidal Canadian binary options victim pleads for Israeli help to get his money
Brian Roxborough says Magnum Options stole his $134,000 life’s savings; says Israel Police doing nothing, appeals to the public for information
By Simona Weinglass
The Canadian parliament building in Ottawa, Canada (MarcBruxelle/iStock)
October 1, 2017, 1:54 pm
Canada passes complete binary options ban, urges Israel to follow suit
Despite Canadian efforts to curb the industry as well as a proposed Israeli law to outlaw it, the number of complaints of binary options fraud in Canada has not dropped
By ToI Staff
Participants in a July 31 Reforms Committee meeting on binary options (Times of Israel staff)
July 31, 2017, 8:39 pm
Key sections quietly dropped from binary options bill, Knesset panel learns
Watered down legislation would still bar binary options trading, but no longer requires companies that sell other online financial products to obtain licenses in the countries where they operate
By Simona Weinglass
Illustrative image: iStock
June 25, 2017, 3:20 pm
As Knesset prepares to vote on binary options ban, more tragedies emerge
Two desperate women from opposite corners of the world allegedly believed the false promises of Israel-based binary options brokers, lost all their money, and now are dead
By Simona Weinglass
A screenshot from a Canadian government website designed to prevent citizens falling victim to binary options fraud.
March 8, 2017, 4:39 pm
Canada calls on Israel to ban all binary options ‘immediately’
‘Every day that this continues to operate, there are more and more Canadian victims,’ says head of new government task force. ‘These companies are outright frauds’
By Simona Weinglass
Binary options industry proponents Yanir Melech (left), Roni Rimon and binary options victims lawyer Nimrod Assif at the Knesset State Control Hearing on binary options fraud, February 28, 2017 (Simona Weinglass/Times of Israel)
March 1, 2017, 1:02 pm
MKs, officials reject binary options advocates’ pleas to spare industry
At Knesset session, supporters of widely fraudulent industry that fleeces victims worldwide say bill to ban it would put 80,000 Israelis out of work. Unfazed, regulators, police and legislators vow to expedite law
By Simona Weinglass
Composite image: Fred and Maria Turbide, and an Israel Police logo (Courtesy)
January 24, 2017, 3:49 pm
When binary options fraud turned fatal, and Israel, through its inaction, became complicit
Op-Ed: Israeli law enforcement could have prevented the suicide of Canadian Fred Turbide last month, by closing down the firm that fleeced him, just as it could have stopped the corrupt industry blazing a trail of ruined lives worldwide for a decade. Unconscionably, even though many of the firms routinely engage in the crudest of thefts, the police do nothing
By David Horovitz
The late Fred Turbide, who took his own life after he was fleeced by an Israeli binary options firm, with his wife Maria Chaves-Turbide (Courtesy)
January 19, 2017, 10:14 am
Fleeced by Israeli binary options firm, Canadian man dies by suicide
Fred Turbide of Edmonton, Alberta, was a devoted husband and father of four who was looking forward to enjoying his retirement with his family. Then the ‘brokers’ of 23Traders got hold of him
By Simona Weinglass
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