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

Las Vegas Strip Shooting Suspect Faces Four Charges, One for Murder

Las Vegas Strip Shooting Suspect Faces Four Charges, One for Murder

Rolando Cardenas, 55, faces murder and attempted murder charges after police say he opened fire on a double decker bus, killing one man and injuring another.

Gamblers Reveal Which Super Power They Would Use to Gain an Edge

Gamblers Reveal Which Super Power They Would Use to Gain an Edge

When it comes to gambling, if you possessed the ability to read a dealer’s mind or see through a deck of cards—would you use the power to win big?

Las Vegas Strip Shooter Identified as 55-Year-Old Rolando Cardenas

Las Vegas Strip Shooter Identified as 55-Year-Old Rolando Cardenas

A 55-year-old man has been identified as the lone shooter on the busy Las Vegas Strip Saturday night. 

Gunman in Fatal Vegas Strip Shooting Surrenders

Las Vegas police say the gunman in a fatal shooting on the Strip who barricaded himself inside a public bus has surrendered peacefull

One Dead in Vegas Strip Shooting

A hospital spokeswoman says one person has died in a shooting on the Las Vegas strip.

Syndicate