Yukom Lee Elbaz— Alleged Binary Options Fraud
Israeli Binary Options CEO Lee Elbaz Arrested by at JFK International; Elbaz Allegedly Defrauded Investors out of Millions of Dollars
Lee Elbaz, 36 and the CEO of Yukom Communications Ltd., recently boarded a New York-bound plane from Tel Aviv on September 14 and was subsequently arrested by the FBI at JFK International on suspicions of running an alleged binary options fraud scheme, according to reports from New York and the FBI currently under review by attorneys Alan Rosca and James Booker.
Investors who believe they may have lost money in activity related to Lee Elbaz’s alleged binary options scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.
The Peiffer Rosca Wolf securities lawyers are currently investigating Lee Elbaz’s alleged binary options scheme.
The FBI has reportedly accused Elbaz of wire fraud and charged with wire fraud conspiracy, counts which come with a potential maximum 20 years in prison, according to the aforementioned reports.
Elbaz is the CEO of Yukom Communications Ltd., which runs the Bigoption.com and Binarybook.com websites, operations which have allegedly defrauded thousands of investors, including American citizens, out of tens of millions of dollars, said reports note.
Elbaz, as an operator of Eagle Option and Binary Book in Israel, allegedly ran companies illicitly which purportedly targeted clients in the US without having the appropriate license, the reports state.
Binary options is a huge, largely allegedly fraudulent Israel-based industry which has flown under the radar of Israeli law enforcement for the last ten years, but recently caught the eye of FBI announced in February when it reportedly opened an investigation, the reports note.
Elbaz Released into the Custody of Her Aunt Living in the U.S. after Posting a $1.8 Million Bail; Elbaz Currently under House Arrest until Her Trial and Banned from Binary Options Activity
Lee Elbaz has subsequently been set free into the custody of her aunt residing in the United States after her relative posted $1.8 million in bail, according to the aforementioned reports being analyzed by attorneys Alan Rosca and James Booker.
Elbaz is under house arrest until the commencement of her trial and is presently banned from taking part in binary options activity or to contact any witnesses, alleged co-conspirators or victims, the reports note. Finally, each of the two charges allegedly facing Elbaz carry up to 20 years in prison, the reports note.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Lee Elbaz’s alleged binary options scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Lee Elbaz’s alleged binary options scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at email@example.com or firstname.lastname@example.org.