Israeli Binary Options Brokerage Owner Arrested for Alleged Fraud and Extortion

[kreslik.news]

Israeli police announced to local media organizations this morning that they are bringing the owner of a binary options firm to court today in Tel-Aviv. The 38-year old resident of Tel Aviv is accused of serious fraud, false documentation, threats and extortion. The man’s name is not allowed to be made public yet, according to local law.

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The binary options firm owner was arrested yesterday following an undercover investigation lasting months, according to the Israeli police. The investigation was opened after an international client (not an Israeli) complained to the police that the ... (read more)