In a surprising leadership change, Swiss private bank Julius Bär has announced the appointment of Stefan Bollinger, a partner at Goldman Sachs, as its new CEO. Bollinger will take over the traditional Zurich-based private bank no later than February 1, 2025, following a challenging period marked by substantial financial losses and executive departures. According to Google Trends, the name Stefan Bollinger was one of the most frequently searched terms on Tuesday.
Category Archive: Today’s Headlines
Monthly training and service fees are acceptable unless used to inflate a company’s compensation plan. When fees are integrated into commissions without a real market, it resembles a pyramid scheme. Regulators are cautious about such practices.
Naudapay Limited, operating under the brand name Noda.live, is a UK-based payment institution regulated by the Financial Conduct Authority (FCA). Noda.live provides open banking services, facilitating secure and efficient payment processing for various sectors, including online gaming. However, recent investigations have raised concerns regarding its potential involvement in illegal online casino activities, particularly through the domain https://bankstransfer.com.
Marilyn J. Mosby, 44, from Baltimore, Maryland, was sentenced today to twelve months of home confinement as part of her thirty-six months of supervised release for submitting a fraudulent mortgage application and two counts of perjury. During the initial twelve months of her supervised release, Mosby will be required to remain under home confinement with electronic monitoring and the forfeiture of 90% of the property acquired with the fraudulently procured mortgage, including any increase in value.
The U.S. Securities and Exchange Commission (SEC) has announced a significant award of more than $37 million to a whistleblower whose efforts were instrumental in a successful enforcement action. The whistleblower initially reported the misconduct internally, prompting their employer to launch an investigation and eventually self-report the findings to the SEC. This self-reporting led the SEC to open its own investigation.
Zet Casino is one of the former brands of the bankrupt operator Rabidi N.V. It’s currently operated by Liernin Enterprises Ltd, registered in the Marshall Islands, and the payment agent Mirata Services Ltd, registered in Cyprus. Zet Casino has an offshore license in the Philippines, which is not accepted in the EEA regions. Nevertheless, players from the EEA regions and the UK are accepted without any problems and can make deposits. Here is our review.
Asia Charm Ltd: PDVSA’s Connection to Iranian Terrorism
The Houthis have garnered attention in the news recently for their spectacular hijacking of Galaxy Leader cargo vessel in the Red Sea. A notable financier of Houthi rebels is Sa’id al-Jamal, is identified by the U.S. Treasury as an “Iran-based supporter of the Houthis, who oversees a network of front companies and vessels that smuggle Iranian fuel, petroleum products, and other goods across the Middle East, Africa, and Asia.
Nicolas Maduro shows U.S. (again) free and fair elections will never happen in Venezuela
Anonymous
Wed, 01/31/2024 – 08:09
A few days ago, we published a complaint from a customer of the illegally operating Rolletto online casino. This customer has stated that Rolletto is operating in the UK without regulatory permission and has collected unauthorized payments from their bank accounts at Monzo, HSBC and Barclays via the payment facilitator PayOp. We took a look at Rolletto and the OnyxioN network behind it. Here is our review but we’d like to know more.
MyChargeback (aka “MyChargeback.com”), is part of a series of recovery scam websites tied to Cactil LLC. On or around June 25th the FBI, working with the DOJ, seized MyChargeBack’s website: Specifics on the FBI’s and DOJ’s joint investigation into MyChargeback have yet to be made public. In the meantime, Cactil LLC filed a petition in [Continue reading…]
Source: DOJ seizes “MyChargeback” recovery scam website
Hexucation fails to provide ownership or executive information on its website. Hexucation’s website domain (“hexucation.com”), was first registered in July 2022. The registration was last updated on July 18th, 2024. “Clifford Williams” through a UK address is listed as Hexucation’s website domain owner. The provided UK address is a random residential address so the Hexucation’s [Continue reading…]
Source: Hexucation Review: “The future of MLM” pyramid scheme
The AH Mall fails to provide ownership or executive information on its website. The AH Mall’s website domain (“theahmall.com”), was privately registered on July 13th, 2024. The AH Mall has already attracted the attention of financial regulators. The Central Bank of Russia issued a The AH Mall pyramid fraud warning on July 19th, 2024. As always, [Continue reading…]
Source: The AH Mall Review: Stolen identity “click a button” Ponzi
Real Construction fails to provide ownership or executive information on its website. Real Construction’s website domain (“realconstruction.vip”), was privately registered on April 22nd, 2024. In an attempt to appear legitimate, Real Construction provides a shell company certificate for RealConstruction Engineering Group LTD. Real Construction Engineering Group LTD was registered in the UK on April 28th, [Continue reading…]
Source: Real Construction Review: Property investment ruse Ponzi
GQL Quantify fails to provide ownership or executive information on its website. GQL Quantify operates from three known website domains: gqlquantify.com – privately registered on February 5th, 2024 (already abandoned) gqlvip.top – privately registered on June 11th, 2024 gql.top – privately registered on June 12th, 2024 In an attempt to appear legitimate, GQL Quantify provides [Continue reading…]
Source: GQL Quantify Review: Quantitative trading “click a button” Ponzi
AI Gemini VIP fails to provide ownership or executive information on its website. AI Gemini VIP’s website domain (“ai-gemini.vip”), was registered with bogus details on July 16th, 2024. Of note is AI Gemini VIP’s website domain being registered through the Chinese registrar Alibaba (Singapore). AI Gemini VIP has already attracted the attention of financial regulators. [Continue reading…]
Source: AI Gemini VIP Review: Stolen identity “click a button” Ponzi
The U.S. Securities and Exchange Commission (SEC) is currently urging a federal court to reject a broadly sweeping subpoena request made by Coinbase. This request seeks to access the personal communications of the SEC’s Chair, which Coinbase claims are relevant to its defense in an ongoing legal dispute with the SEC over alleged violations of securities laws.
AIRobot fails to provide ownership or executive information on its website. AIRobot has two known website domains: aibotusdt.com – registered with bogus details on July 12th, 2024 airobot-usdt.com – registered with bogus details on July 4th, 2024 Of note is both of AIRobot’s website domains being registered through the Chinese registrar Alibaba (Singapore). Despite only [Continue reading…]
Source: AIRobot Review: Quantitative trading ruse “click a button” Ponzi
While the main website of the Betify online casino, Betify.com, states Altacore N.V. has a Curacao license as an operator, various other Betify websites do not provide any information about the operators. Costa Rica is stated as the jurisdiction responsible for the terms and conditions. In our reviews at the beginning of August 2024, we discovered the Cyprus-registered Altaprime Limited as the payment processor for anonymous and illegal casino activities.