Lee Elbaz of BinaryBook and Big Option is scheduled to face justice

binary book got 99 million dollar from clients and gave less than 20 million back. where are the other millions of dollars? where did it go?[/QUOTE said:
Where did it go? It got ate up!
Read the disclaimers on these brokerages. IQ Option for instance - on their website footer - clearly states that up to 89% of their traders LOSE MONEY.

The illegal nature of brands like these though is when they stop processing withdrawals, use manipulative software platforms, etc.

But even if they are running a 100% "transparent" binary/CFD/leveraged whatever trading product brand - the end client is still 90% likely to lose money.
You are simply playing a casino game where the odds are heavily stacked against you. You might win for awhile, but eventually you will lose.
Forex is a legitimate market if traded with minimal leverage, these type of Binary/CFD shops are pure gambling.
Even stock trading brokerages have more losing clients than winning clients. With these type of providers it's not even a close proportion of winners to losers.
 
all went to the pockets of the owners, shareholders, partners of course. how do you think they are living luxury lives and hiding from the police while their 'CEO' has been arrested, tried and convicted. when the thing was good, they were happy that they made money and said it loud and clear. today, when **** is there, they go silently in to hide and blame others.
 
The “CEO” Lee Elbaz was in charge of running the boiler room but didn’t get to keep all the money, unlike the Yukom bosses Yosef “Yossi” Herzog and Yakov “Kobi” Cohen.

This criminal case will be meaningless unless and until the bosses are also extradited to stand trial.
 
The “CEO” Lee Elbaz was in charge of running the boiler room but didn’t get to keep all the money, unlike the Yukom bosses Yosef “Yossi” Herzog and Yakov “Kobi” Cohen.

This criminal case will be meaningless unless and until the bosses are also extradited to stand trial.
it will happen. things are moving on the side of the authorities. might take some time but everyone will see the results sooner or later.
some are hiding in israel while others in the congo.
 
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