The Continuing Fight Against Binary Options, Forex And CFD Global Fraud

Earlier in the year when Israel finally decided put a stop to the widespread binary options frauds emanating from its shores it was applauded on the global stage for addressing the issue and moving to prevent further frauds.  However, Simona Weinglass of The Times of Israel reports that at a recent meeting of the Knesset Reforms Committee Superintendent, Gabi Biton, the leading senior officer investigating financial fraud and money laundering, was shocked at the level of organised criminal activity in this sector, saying "What we're seeing here is a massive organized criminal enterprise. We are talking about criminals at various levels of crime organizations, up to the very top."