© 2023 by E.A. Georgiades & Co  LLC. Attorney advertising. Previous outcomes do not guarantee same results.

  • LinkedIn Social Icon
  • Twitter Social Icon
Search
  • Emily A. Georgiades, Esq.

Ex-Yukom Employees Allegedly Involved with Binary Options Fraud.

Five employees (Lissa Mel, Shira Uzan, Yair Hadar, Leoria Welles and Austin Smith) of Israeli-based Yukom Communications Ltd. have been charged with allegations of fraudulent binary options scheme in criminal proceedings at the Marilyn District Court in the U.S. The former CEO of Yukom, Lee Elbaz, was found guilty of financial crimes and sentenced to life imprisonment in August 2019.


It is alleged that these financial crimes caused losses of more than $100 million to investors including first-time deposits for Binary Book and BigOption (both operated by Yukom Communications Ltd.).


Among the accusations against Yukom and its ex-employees, was failing to disclose that Yukom was allegedly conspiring with Spot Option to manipulate the outcome of trades.

If you or anyone you know has sustained financial losses from investing with Yukom or any of its affiliate companies, you may be entitled to compensation.


Contact our law firm at emily@eaglaw.co , for more information on how to protect your rights. Our lawyers are licensed in the United States and the European Union.