Representatives of binary options broker 23Traders allegedly pushed 61-year old Canadian man to commit suicide.
Massive loophole: If Israeli government bans all binary options activities, here is where they will go
Cutting and running is one thing. That is usually what orchestrators of scams do when the heat gets too high. However, outsourcing operations to a call center and sales firm that specializes in this industry, overseas, may allow them to carry on and circumvent any new laws.
An economy boost of EUR 1.22bn was sufficient to make football partnerships’ critics rejoice.
Hello Markets CRM data still publicly available to all as security breach continues after company stated it had been resolved
Last week, FinanceFeeds reported that Hello Markets CRM data is fully available, including the intellectual property of all affiliates, to the public by simply following a few steps involving copying and pasting a URL. We approached Hello Markets, who stated that they had resolved it, however, the problem still prevails.
Jonathan Baumgart, CEO, MoneyMatters.pl & Atomiq Consulting, expects continued growth in competition in the retail FX sector.
Under Article 77 of the Sapin II law, football teams have until the end of June this year to terminate all sponsorships and partnerships with companies offering trading with high-risk financial instruments.
Following the closure of its operations, one of the largest binary options brands in the world has now renounced its CySec license
No binary options or warehouse brokerage scams in Britain this year: Serious Fraud Office goes all out on white collar crime
Britain’s Serious Fraud Office will clamp down very strictly on entities and individuals who do not display correct ethics this year. Here is how
It will no doubt come as very good news indeed that the binary options business is beginning to be suffocated by the global regulator and government level discourse against it, as well as the public awakening, in that the shadow cast over our industry by it is likely to disappear, however the damage done will take time to repair
“Web marketing companies that offer binary and FX marketing due to their established SEO or web marketing business are very attractive to young people wanting to make money. Why market $10 Dead Sea cosmetics in shopping malls abroad when you can market binary options accounts and get commissions ranging from $250-500 per deposit or revenue share of up to 40%?”
Israel’s central government has scheduled a session for the panel that has been assembled to fight the out of control and fraudulent binary options industry.
Terror, espionage & binary options: Former US secret agent who recovered $2 million for victims likens binary to serious organized crime
Former US secret agent Haggai Carmon explains how he has the ability to finish the binary options business saying that he can “bring the whole house down”. Here is the full account
Ever wondered why binary options scammers are allowed to claim that they are based in Britain when they are not? Or why they all seem to have the same address? Or perhaps even more interestingly, how they get away with it. Here is the link between binary options fraudsters and their enabler in Britain
Israel, where the black market is approximately 25% of GDP and binary options brings in at least $5 billion in revenues per year
We show opinion and research that shows why Israel’s gigantic binary options and online gaming fraud is too large and what the economic effect would be if it went West
Breaking: CySec issues document instructing FX and binary firms to desist from offering deposit bonuses
Demetra Kalogerou, Chairman of CySec has issued a letter expressing her interest to ensure that FX and binary options firms desist from offering deposit bonuses, and takes a very conservative approach to leverage in OTC FX products.
British police cite binary options “UK’s biggest ever internet scam” as 30 shell companies uncovered in Scotland
30 Scottish shell companies masking the identity of Israeli binary options fraudsters who pretend to be British in order to steal a fortune by offering a fake trading environment.
We plumb the depths of a false advertising campaign which sets out to dupe customers into a fraudulent binary options scheme by promising very high returns and using Apple Appstore to normalize the experience. The firm itself, operated by convicted fraudsters, is notorious. We approach CySec and receive a very interesting response
As the net closes in on the fraudulent binary options sector, many brands are now attempting to make a step toward offering FX. When bearing in mind how Tier 1 banks are restricting genuine liquidity to well established firms, the understanding and knowledge that is required to run a bona fide FX firm, and the complete difference in background and career path of leaders, these claims should be viewed with extreme caution
“When I was younger I was taught to never talk with strangers for I was gullible and they might fool me with no apparent reason. When I was a little older, strangers turned into acquaintances, acquaintances turned into friends” – Keren, For I Was Gullible.