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Updated March 27, Shlomo Blitz worked inside Israel's binary options industry where he helped to scam victims — including Australians — out of their money. Binary options is a highly speculative form of trading, which experts and regulators have likened to gambling. And many unlicensed operations are just out-and-out scams. He left the industry in disgust and now spends his time trying help victims of binary option fraud. My made up name was Scott Martin. A lot of the leads would be Australians for a few reasons — Australians are easier to talk to, they are polite people, they are nice.
It takes a long time when you're in it as a worker, as an employee, to really grasp, understand that this is a scam — a flat-out scam. This account from Mr Blitz has been edited together based on interviews conducted by Background Briefing. First posted March 10, If you have inside knowledge of a topic in the news, contact the ABC.
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Do you have what it takes to be an Aussie champion or will you fall at the first hurdle? Test your knowledge of the Commonwealth Games with our quiz. Shlomo Blitz says a big part of the scam is telling a client they're "going to get rich Corporate records link Perth pair to binary options business.
It all starts with a phone call ABC. The victim thinks they're going to be rich, but the money doesn't exist ABC. The problem occurs when the client wants to take their money out ABC. We want to hear about your experiences with aged care in Australia. Opening ceremony highlights Eight surgeries and still no cure in sight: The disease crippling Australian women Fact check: Were white South African farmers murdered last year?
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