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…
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…