U.S. Government Demands Alternative Victim Notification Procedures In The Case Of Convicted Fraudster Austin Smith

April 14, 2019 Washington, DC, USA

Convicted fraudster, felon, and crooked founder of questionable binary options recovery firm Wealth Recovery International - Austin Smith - has pleaded guilty this time to fraud with binary options. The U.S. Attorney General’s Office has stated in the Stipulation of Facts that Austin Smith has actually ripped off the victims twice. First as a so-called broker for BinaryBook with the stage name John Ried and in his afterlife as an alleged “Funds Recovery Expert” of Wealth Recovery International along with his sidekick Tamar Hamm

According to U.S. prosecutors, Smith failed to inform the victims that he had helped with WRI for a 30% commission that he had stolen their money from them in the first place using the stage name John Ried. Smith has been released into house arrest until his sentence against a secured bond of $300,000. His parents Emilie and Gary Smith had to post his bond, which calls into question, where is all the money Mr. Smith has reportedly made as the leader of Wealth Recovery International and executive at Binarybook? Will his associate Tamar Hamm be detained if she too lands in the United States?

More Information Here

Australian Brokers Stunned After ASIC Makes Demands For Client Data

April 13, 2019

The Australian Securities and Investments Commission (ASIC) continues intense oversight of online forex, CFD, and other retail brokerages. ASIC has announced that international operations of Australian based brokerages and underlines that many of the licencees offering OTC derivatives to retail traders may be in violation of foreign laws.

In addition, ASIC states that it may consider whether violating international laws is consistent with requirements under Australia law to provide services ‘efficiently, honestly and fairly.’ Australian government Commissioner Cathie Armour said, “AFS licensees offering OTC derivatives to overseas retail clients should, as a matter of priority, seek advice on the legality of their offerings to these clients. Any non-compliant activities should cease immediately and be notified to ASIC and the relevant overseas authorities.”

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Binary Options Fraudster Austin Smith Arrested By The FBI

Washington D.C., United States

News outlets around the world are reporting that international conman Austin Smith the founder of Wealth Recovery International a firm with a questionable background, has been arrested by the FBI in the United States and charged with wire fraud for scamming the same people he claimed to actively help.

Smith has plead guilty to overwhelming evidence due to his conduct that resulted in hundreds of thousands of dollars of stolen funds from US citizens.

Smith is scheduled to be sentenced in September 2019. Wire fraud carries a maximum penalty of 20 years in prison.

Additional reporting on this case can be found here

What Do Binary Options Fraudsters Do Once They Have Stolen Your Money? Hagar Tsabar Does Yoga And Makes Fancy Videos

March 12, 2019 Tel Aviv, Israel

With the arrests and downfall left and right by the FBI and the previous arrest of Inside Option and Secured Options owner Eliran Saada by the Israeli police, one must ask what do binary options fraudsters do when they are not scamming victims?

One example is an Israeli citizen named Hagar "Haggy" Tsabar, who was the General Manager of Inside Option and Secured Options, the same firms that were raided by the Israeli police and resulted in the arrest of owner Eliran Saada.

Now for a moment of zen...

Safemarkets.biz - Investor Warning

FCA Warning Issued January 2nd, 2019

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.

However, some firms act without our authorisation and some knowingly run investment scams.

This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.

Safemarkets a trading style of Optimumcommerce OU Address: Optiumcommerce OU, Harju maakond, Kesklinna Linnaosa, Narva mnt 5, 10117, Tallinn, Estonia

Telephone: 02080898275; 02038688092

Email: support@safemarkets.biz

Website: www.safemarkets.biz

Direct FCA Link Here

Israeli Police Arrest Binary Options Fraudsters, Aviv Talmor, Roy Cuzin, and Valerio (Vali) Megai

Tel Aviv, Israel

Israeli Police Arrest Binary Options Fraudsters, Aviv Talmor, Roy Cuzin, and Valerio (Vali) Megai. It is alledged that they operated numerous fraudulent investing websites including Utrade, CapitalOption, SkyFX, Forex TG Pty Ltd (FXTG), Algobank, PlusFN, OneBinary, OptioNow and others.

The authorities are closing in on various options fraudsters though many like Hagar Tsabar and the Inside Option crew continue to evade the radar of law enforcement, despite the arrest of Inside Option chief Eliran Saada by the Israeli police at the request of a Singaporean national.

Big Option Yukom Fraudster Associate of Lee Elbaz Lissa Mel Arrested By FBI In The United States

Washington DC, United States of America

Israeli national and reality tv star, Lissa Mel, has been arrested by the FBI in the United States due to her involvement in more than one million dollars in fraud while working for a company in Israel called Yukom Communications Ltd that operated fraudulent binary options websites Binarybook.com and Bigoption.com.

Court documents in the various Yukom cases moving through Federal criminal courts include information pertaining to affiliated companies in Mauritius and Israel - Linkopia a Mauritian company and Numaris Communications Ltd an Israeli company - both are believed to be connected to Yukom Communications Ltd and binary options trading websites Binarybook and Big Option. Mel potentially faces decades in US federal prison.