2,500 victims of binary options fraud to sue in London. Law firm claims many of the 120 alleged scammers have ties to Israel, pleads with Israel’s Justice Ministry to help bring them to justice. Facebook Twitter linkedin email. Simona Weinglass is an investigative reporter at The Times of Israel. International lawyer Gabriele Giambrone last week sent a letter to Israel’s Justice Ministry informing it that his firm represents 2,500 clients allegedly defrauded by binary options and forex companies. Many of these companies operate from Israel, he wrote, and pleaded for Binary option Israel’s help in bringing them to justice. “The Israeli regulatory and enforcement authorities have so far failed to take any action,” the London-based lawyer wrote in the April 5 letter, “despite the widespread knowledge of where these companies are based, which offices they are operating from and who are the individuals behind it. It appears that none of… read more
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