Whereas the start of the trial against Lee Elbaz, the former CEO of Yukom Communications — provider of investor”retention” services for BinaryBook and BigOption, approaches, the amount of criminal cases related to these proceedings continues to grow.
The United States Department of Justice (DOJ) has released an update regarding Lee Elbaz’s case which continues in the Maryland District Court. Two additional associated cases have been registered in the District of Maryland. Both cases are pending before U.S. District Judge Theodore D. Chuang.
You can find at least three other cases related to the lawsuit against Lee Elbaz. Sentencing for defendant Mel was scheduled for June 17, 2019, at 2:00 PM. The situation against her proceeds in the Maryland District Court.
FinanceFeeds has got Court advice about Hadar along with Smith.
Lissa Mel was charged on November 16, 2018 by criminal information with one count of conspiracy to commit wire fraud. She had been formerly charged by complaint on September 13, 2018.
Arraignment was scheduled for March 14, 2019 at 9:30 am.
Arraignment has been scheduled for March 21, 2019 at 9:00 am.
From in or about November 2014 during or about August 2016, Hadar functioned as a sales agent for BigOption in Yukom.
From in or about August 2015 during or about January 2016, Smith worked as a sales agent or supervised BinaryBook agents at Numaris Communications. The latter was an Israel-based company that supplied sales and advertising services, including retention solutions for BinaryBook. Numaris co-ordinated its work with Yukom. In correspondence and other communications, Smith identified himself as an ‘specialist trader’ along with ‘senior agent ’ for BinaryBook.
The article US authorities cast wider net in fight against binary choices fraudsters appeared initially on FinanceFeeds.
According to the charges, Hadar and Smith conspired to commit offenses against the USA, to wit and cable fraud by way of materially false and fraudulent pretenses, representations and guarantees. This was the intention behind the conspiracy for Hadar along with Smith and other agents of Yukom, Numaris, BinaryBook, BigOption and other entities to get maximum deposit from investors and to take steps to make certain that investors lost money in their accounts — consequently making cash for themselves and their brands from the procedure.
Lissa Mel is the Israeli citizen who’s alleged to have participated in a conspiracy to commit wire fraud in connection with the sale and advertising of binary choices. The conspiracy concerns two binary choices brands — BinaryBook and BigOption. There are lots of types of misrepresentations made by representatives of these”brokers” to investors, including misrepresentations regarding the suitability of binary choices because investments, as the deceptive use of”bonuses” and misrepresentations regarding the titles, location and qualification of agents”helping” traders. The Government has declared that this conspiracy resulted in more than 80 million in losses .
The criminal complaint from Lissa Mel, aka”Monica Sanders”, alleges she engaged in the conspiracy at least in or around May 2015 through at least May 2016.