Israeli CEO Sentenced To 22 yrs In US Court For Scamming Elderly Americans

If Americans Knew Blog       By Alison Weir       Mon., Dec. 30, 2019

The Times of Israel reports that Lee Elbaz, an Israeli CEO, (pic above glasses on)was sentenced to 22 years in prison by a Maryland court on Thursday. US media have largely failed to report on the conviction, despite the fact that American taxpayers give Israel over $10 million per day. The pro-Israel lobby has long been deeply influential in US Mideast policies.

Elbaz was the CEO of an Israeli company called Yukom Communications Ltd., which perpetrated an international financial scam called “binary options.” More than a hundred binary options companies operated in Israel between the years 2008-2018, scamming people around the world out of hundreds of millions of dollars. For years Israel allowed the scammers to operate unhindered.

TOI reports that the US judge said that Elbaz and others “specifically targeted vulnerable people, including the elderly, and tried to get people addicted to trading like in a casino. He said that Elbaz would suggest that clients use their retirement funds for investments.”

Yukom employees pretended to be from other countries, lied about their professional qualifications, lied about their historical rates of return, and didn’t tell investors that they only made money if their customers lost money.

TOI reports: “An email instructed BinaryBook sales representatives to target retirees, Social Security recipients, pension holders and veterans as clients.”

An Israeli lawyer told TOI: “I estimate that hundreds, if not thousands, of Israelis were engaged in pretty much the same conduct for which Elbaz was convicted and sentenced… If Israeli law enforcement authorities had done their job, we wouldn’t have come to this sad day.”

Full article here: https://israelpalestinenews.org/us-court-sentences-israeli-ceo-for-scamming-americans-media-ignore-it/

About ron abbass

Because of my last name, there are some who might think I'm a Muslim. I'm an older student of the bible and I regard myself as Christian-other. That is, I was baptized in a Torah-keeping assembly. I'm one who tries his best to follow Yayshua, the Messiah (Christ) by keeping the commandments, the dietary laws, the weekly Sabbath and the annual Sabbaths (Holy Days) instituted and ordained by the great I AM, the Creator-God of Israel. I reject the holidays and festivals invented by the Roman church. Truth-seeking is my present passion. Presently, I do a lot of research into the World Wars, the mass media, the Holocaust, Zionism, Health Issues, 9/11 and the power brokers who are behind the New World Order that is gradually being established mainly in the Western Nations. Many prognosticators (prophets) both secular and religious are warning us that we are living "On the Eve of Destruction" - the last days. There's a very good chance a nuclear tsunami will eventually visit many nations. Peace and blessings to all who love the truth and hate the lies.
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2 Responses to Israeli CEO Sentenced To 22 yrs In US Court For Scamming Elderly Americans

  1. bigcree1 says:

    ‘israeli’ law enforcement?? If it actually exists it must be on Mars! LOL! The entire zionist ‘jewish State’ is pure criminal. From A to Zed. Corruption, graft, extortion, bribery, drug peddling/smuggling, murders for hire and political assassinations, blackmail, child slavery and porn, white slavery, influence peddling (see AIPAC) and the list grows!

    Like

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