Forex Forums | ForexLasers.com


Go Back   Forex Lasers Forum > FOREX NEWS > Latest Industry News


Massive 3-Brother Scam Shut Down by Canadian Regulator

Latest Industry News


Reply
 
LinkBack Thread Tools Search this Thread
  #1  
Old 16-11-2020, 17:23
Level V Lasers Member
 
Join Date: Nov 2018
Posts: 631
Default Massive 3-Brother Scam Shut Down by Canadian Regulator

Three Canadian-Israeli brothers were recently incriminated by the Ontario Securities Commission (OSC) for an enormous binary options scam apparently they scammed over 700 local investors out of $1.4 million.
The three brothers - Joshua Cartu, Jonathan Cartu and David Cartu allegedly operated out of a call centre in Tel Aviv, Israel, and controlled two binary options brands called Beeoption and Glenridge Capital.
The scam has been in operation for a long time since 2014 and between that year and 2017 it profited about $225 million from many investors around the world. Naturally, money invested in these brands could not be withdrawn.
Source
Yet another binary options fraud coming out of Israel. They really seem to be concentrated in that jurisdiction.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Head of German vaccine regulator on wires Forex News Latest Industry News 0 15-09-2020 12:00
Houston area schools to be ordered to stay shut through September 7 Forex News Latest Industry News 0 24-07-2020 16:30
Euro Outlook Bleak as Eurozone Governments Shut Down Borders Forex News Latest Industry News 0 18-03-2020 08:02
Canadian regulator: Do not give AvaTrade your money Forex News Latest Industry News 0 01-05-2018 21:55
Massive earnings for HotForex Affiliates and IBs Stan Software / Signals / Services 0 23-01-2012 09:06


All times are GMT. The time now is 00:17.


Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2021, vBulletin Solutions, Inc.