Tags: binary options

Is Israel becoming a promised land of impunity for crooks and fraudsters?

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 finally ends $10 billion binary options scam – or does it?

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…