The SEC says Israel’s SpotOption binary operations company – subsidized by Israel – defrauded US investors out of at least $100 million… worldwide, the number runs into the billions…
The FBI, apparently escalating its campaign against the binary options swindle, has arrested four Israeli women. Until 2017, Israel was considered a binary options powerhouse, with some 150-200 companies taking in as much as $5 billion a day. The Israeli firms were known for stinging customers around the world.
Israel just banned the sale of binary options – an industry that has brought in $10 Billion a year for the past ten years through conning millions of people around the world. The new bill came when legislators were worried that the scam was hurting Israel’s image – it was already illegal to sell to Israelis. Some consider the bill too little, too late…
The Times of Israel and others report on the fraudulent binary options industry that generates $5 to $10 billion a year and largely emanates from Israel. For 10 years it scammed hundreds of thousands of victims worldwide out of billions of dollars with little or no intervention from Israeli law enforcement. Israel’s current bill would allow binary options pushers to re-brand their product and continue to defraud customers abroad with impunity. An analyst writes: ‘Israel is so corrupt that these borderline criminals run the country.’
Israeli media (not US newspapers) report that an Israeli CEO has been sentenced in a US court for defrauding Americans out of millions of dollars. The company specifically targeted the elderly and the vulnerable, one of over 100 Israeli companies perpetrating a scam called “binary options”… Israel permitted the scam for a decade…
Israel-based financial scammers have been cheating Americans out of millions of dollars, causing ruin to individuals and families. So far, 15 Israelis have been indicted in the U.S. for binary options scams. Two dual citizen Americans have just been sentenced in Maryland for cheating senior citizens & veterans out of their live savings – meanwhile, Israel gets over $10 million per day in aid from US taxpayers.
Israel has become a haven for financial fraudsters. Dealers in binary options and the like find law enforcement officers who are lenient or complicit, legislators who champion the illegal practice, and tax policies that encourage such conduct. Despite stealing billions of dollars from millions of victims worldwide, causing tragedy and suicides, not a single binary options fraudster has ever been indicted by Israel…
Israel’s largely fraudulent binary options industry numbers over 100 companies, which employ a variety of ruses to steal their clients’ money. Thousands of Israelis work in the field, which is estimated to have fleeced billions of dollars from victims all over the world in the past decade. This has been allowed to flourish for almost a decade. Israeli law enforcement has taken almost no action to shut it down…
Gaza’s journalists; Israel imprisoned for almost 2 months an 82-year-old Gaza woman with Alzheimer’s disease; Israel makes accusations, provides no evidence against UNRWA, then freezes bank account; spitting at Christian clergy in Jerusalem; West Bank demolitions; Israeli leaders lie, then come clean about an unauthorized Telegram channel that dehumanized Palestinians; Wall Street Journal’s Islamophobic op-ed; latest on US attempts to rationalize strikes in the Middle East; Israel to import workers to replace Palestinians; Bernie Sanders says”no aid to Israel” as Congress is saying yes
Kape Technologies, run by Israelis, used to distribute malware that infected computers world wide…. now it has acquired four different VPN services (to provide ‘internet security’) and a collection of VPN ‘review’ websites – which now rank Kape’s VPN holdings at the top of their recommendations.