..

InsideOption Shuts Down Day After Daily Mail Story on Scam Outfit

Written by:
C Costigan
Published on:
Sep/22/2016

Gambling911.com can reveal exclusively that Israeli-based binary options company InsideOption has shut its doors just 24 hours after the Daily Mail exposed the alleged scheme.

Bet on MLB. Join MyBookie today!

While the Daily Mail was unable to obtain a photo of InsideOptions head Emir Yedisbaslar, Gambling911.com was (seen above using your laptop or iPad – may not be available on mobile).

Israeli call centers were said to have been used to operate a binary options investment scam where staff were ordered to “rape clients out of their cash”.  According to the Daily Mail, thousands of Britons, including many pensioners, lost millions of pounds in the secret fraud that involved both InsideOption and another company, AA Option.

From the Daily Mail:

Companies lure victims by scam emails, with high-pressure salesmen persuading responders to invest small sums such as £250.

A second team then lean on these investors to put in thousands more. Meanwhile further thousands are charged to their credit cards without authorisation.

Some of the victims of the scheme are believed to have committed suicide with single-investor losses totaling up to £200,000.

- Aaron Goldstein, Gambling911.com

Gambling News

Gambling and Sports Betting News January 22, 2020: Redskins Owner Explores Sports Betting Option for New Stadium

Here are today's headlines in the world of gambling and sports betting as they happen - Wednesday January 22, 2020.

Mobile Sports Betting Left Out of Cuomo Budget

Mobile Sports Betting Left Out of Cuomo Budget

Attempts to get mobile sports betting legalized in New York State may already be dead on arrival.

Problem Gamblers, Cuomo Stand in Way of NY Mobile Sports Betting Legalization

Problem Gamblers, Cuomo Stand in Way of NY Mobile Sports Betting Legalization

Problem gamblers have stepped forward to discuss their own private Hell brought on by gambling addiction as fears mount that legalization of mobile sports betting in New York could lead to a surge in problem gamblers.

Coach Rats Himself Out for Violating Gambling Policy

Coach Rats Himself Out for Violating Gambling Policy

A manager in Scotland’s top division reported himself to the country’s soccer federation for breaching gambling rules.

The Gambling911.com Crime Blog

The Gambling911.com Crime Blog: Man Stabbed in Back With Scissors at Gambling House (Watch)

Welcome to the Gambling911.com Crime Blog, all the latest news and social media stories about gambling-related crime as well as organized crime.

Syndicate