Israel: World Online Fraud Center

“The wolves of Tel Aviv” is the headline on the Times of Israel—an article published by the Jerusalem-based newspaper which openly admits that Israel is the center of the world’s “binary options” fraud scam—a practice so illegal that the US has outlawed it.

The Israeli binary options “industry” specifically targets non-Jews in Europe, Africa, and the Middle East, brings in over a billion dollars, and employs thousands of Jews cheating “naive would-be investors via a range of corrupt practices.”

Ironically, the title of the Times of Israel article—“The wolves of Tel Aviv” is taken from the autobiographical book, The Wolf of Wall Street, written by the Jew Jordan Belfort.

In that book, Belfort told of his fraud rampage through the New York financial section for which he was finally arrested and sentenced to four years in prison.

Jordan’s New York fraud escapade involved so many Jews that the Jewish Journal, in an article published in December 31, 2013, called it “‘The Wolf’ and the Jewish Problem” after a Hollywood movie was made which glamorized Belfort’s crimes.

The binary scam in Israel works on the same basis that Belfort’s fraud operated: high pressure telephone calls to non-Jews all over the world to persuade them to “invest” in a financial product called “binary options.”

The victims are encouraged to make a deposit—actually to transfer money to the Jewish company—and then use that money to make “trades” in online currency.

This in effect means that the “clients” have to try and assess whether a currency or commodity would go up or down on international markets within a certain, short period of time.

If they predict correctly, they win money, between 30 and 80 percent of the sum they have put down. If they are wrong, they forfeit all the money they put on that “trade”—to the Jewish company.

To read the rest of the article, click here.