Rudolf Booker (LinkedIn profile) is, alongside Markus Braun from Wirecard, one of the most well-known and successful Fintech entrepreneurs in Europe. And they have another thing in common – their participation in Broker Scams. Both Rudolf Booker’s Payvision and Markus Braun‘s Wirecard were massively involved in the broker scams around binary options, forex and crypto trading.
For Gal Barak, the operator of XTraderFX, SafeMarkets or GoldenMarkets, Payvision was one of the most important payment service providers for credit card payments. Millions of retail investor funds have been cleared by Barak’s Broker Scams through Payvision. Booker’s Payvision continued to be Barak’s PSP even though many financial market supervisory authorities have issued warnings against Barak’s sites and companies such as GPay:
But who cares when it comes to profits. Read our report on Wirecard and Option888 here. Until the end of 2018, the bank statements of Gal Barak’s companies record millions of Euros from retail investors every month from the Payvision Stitching Trusted Third Party.
