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…
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…
Scam alert: Israel is supposedly America’s ‘close ally,’ but while it takes $10 million in aid every day, it is knowingly allowing American citizens to be ruined. The companies are specifically targeting veterans and senior citizens. Time to say no more aid while Israel allows its companies to steal Americans’ life savings.
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.
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.
Investigations reveal a pattern of Israeli officials stone-walling efforts to stop the perpetrators of massive financial swindles in various countries, from Europe to the US to the Philippines. While some Israeli reporters work to expose the scams, a new one is already underway…
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 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…