The wolves of Tel Aviv: Israel’s vast, amoral binary options scam exposed

Discussion in 'Wall St. News' started by Deuteronomy_24_7, Apr 29, 2016.

  1. Occam likes this.
  2. d08

    d08

    Brokers from Israel nowadays try to hide their location, registering in UK gives them credibility they wouldn't otherwise have.
     
  3. zdreg

    zdreg

    pump and dump shops in the US get Wall Street addresses. they only call people outside new york city. some work only from 2pm to get the European rubes at home.
     
    Last edited: Apr 29, 2016
  4. zdreg

    zdreg

    your handle
    Deuteronomy_24_7 is very clever:24:7 " If a man be found stealing any of his brethren of the children of Israel, and maketh merchandise of him, or selleth him; then that thief shall die; and thou shalt put evil away from among you. it is especially clever in light of the sub-headline from article:
    A Times of Israel investigation / Regulators may soon finally ban some companies, but that will only affect those that target Israeli customers; the rest of the world will still be fair game.
    your post was an excellent first one which makes me suspect that you have a number of aliases.
     
    Last edited: Apr 29, 2016
    eusdaiki likes this.
  5. zdreg

    zdreg

    doubtful. this scam is small in the scheme of things.
     
    CBC likes this.
  6. zdreg

    zdreg

    this is just for the record. seth Klarman hedge fund owner and author is the key U.S. investor behind The Times of Israel.
    \
     
  7. zdreg

    zdreg

  8. dealmaker

    dealmaker

    Call center in Cyprus or based in Cyprus should always be a red flag despite Cyprus being in EU. "(Finance Magnates, a trade publication of Israel’s online financial trading industry, has written in the past that Cyprus has a reputation for lax regulation.)"
     
    Occam likes this.
  9. These so-called binary options are really for the totally finanical illiterates. They have a house-edge of 20% and more. Imagine playing roulette where the house wins from 0 to 5..
     
    CBC and Occam like this.
  10. speedo

    speedo

    Yeah, it's just a gambling scheme.
     
    #10     Apr 29, 2016