A few days ago, the German regulator BaFin issued a warning against the broker scam SimpleXP and announced investigations. The regulator noted that SimpleXP is connected to other cons like EUAktien, EUSchild, WSXP, or KryptoInv. We have analyzed and warned about some scams of this cybercrime network in the past. Our reviews found that some of these scams are facilitated by the illegal payment processor Getgiftcard which processes deposits for the mentioned scams via sofort (by Klarna). We would like to know more.
Key data
| Trading names | GetGiftCard SpecialGiftCards |
| Business activity | Online card seller Illegal payment processor |
| Domain | https://specialgiftcards.co.uk |
| Legal entity | GetGiftCard Limited (Companies House) |
| Related individual | Pinches Yoel Foigel |
| Related scams | SimpleXP, WSXP, KryptoInv and counting |
Short narrative
The main business of GetGiftCard is to sell payment cards, gift cards, or gaming credits through its website (https://specialgiftcards.co.uk). The company is owned by 21-year-old British Pinches Yoel Foigel, who introduces himself on the website as “Dr. Pinches Yoel Foigel.” Evidently, GetGiftCard and Foigel generate additional revenue by facilitating scams and processing victim deposits via bank transfers. We found them as a facilitator at SimpleXP, WSXP, KryptoInv, and other broker scams.
We know many such illegal payment processors that launder money for cybercrime organizations in addition to their primary business. It is indeed a profitable business. Anyway, GetGiftCard et al. know more data about the scammers that can help uncover them.
Share Information
If you have any information about GetGiftCard, its operators, and scam customers, please share it with us through our whistleblower system, Whistle42.
