Israelis nabbed in Philippines are tip of iceberg in alleged fraud gone global
Delta P.D. Media Ltd. and Gal Media Trade Ltd. were two of hundreds of Israeli binary options companies that operated in Israel in recent years, before the entire binary options industry was outlawed by Israel’s Knesset in October 2017. The binary options industry, which was largely fraudulent, is estimated to have stolen billions of dollars a year from victims around the world and to have employed over 10,000 Israelis before it was banned.
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