Friday, November 22, 2024

Payobin and Bruc Bond – the flight from their binary options past and defrauded retail investors

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The Israeli Eyal Nachum has a long history as a payment service provider (PSP) in the binary options industry. Through his Payobin or Payotech Ltd and Moneta International UAB, which is registered in Lithuania, Nachum and his colleague Tamir Zoltovski have collected hundreds of millions of dollars for the broker scams of cheated retail investors. Nachum and Zoltovski have made an excellent profit from facilitating broker scams.

Today Eyal Nachum uses this money to clean himself up with the help of his lawyers. FinTelegram is threatened by the lawyers of Nachum and Zoltovski, the Israeli law firm ZP Advocates. ZP Advocates has even sent thugs to the editor of FinTelegram. The authorities are investigating. They also came down on Google, Microsoft, Amazon, Automattic, etc.

Nachum and his lawyers continue to intervene with the threat of million-dollar lawsuits for the removal of FinTelegram reports. Now Moneta International UAB has been renamed Bruc Bond UAB. Nachum and Zoltovski want to finally cover up their traces to the fraudulent binary options industry. But this will not succeed. Together with EFRI, we will continue to file the relevant reports with the relevant authorities in the individual countries.

The judicial crackdown on collapsed fraudulent binary options industry is only just beginning. With Yukom as a precedent, the US authorities are reportedly planning to prosecute further cases in the coming months and bring them to court. In the best interest of retail investors.