London, England Oct 6, 2022 (Issuewire.com) - After several months of negotiations, Anna Schnyder's Attorney's Office (anna-schnyder.com) and Yukom Communications finally came to terms. The notorious Israeli ownership group has agreed to compensate 27 plaintiffs represented by the Swiss-based law firm.
Yukom is primarily known for operating BigOption, an Israeli financial firm with a history of regulatory issues on three continents. On January 9, 2019, the company announced that it would be closing due to negative press coverage and its tarnished reputation.
Although the former CEO of Yukom, Lee Elbaz, was arrested and sentenced in the US, Yukom continued its fraudulent activities through multiple unregulated Forex and Crypto websites. The agreement was reached between Anna Schnyder's Attorney's office and Yukom Communications after both parties reached an acceptance in a closed-door settlement meeting.
Anna Schnyder's Attorney's law firm has been working with clients worldwide to settle law suites against financial firms that have been engaging in fraudulent activities since 2010. The settlement with Yukom Communications was a big success for our clients, said the CEO of Anna Schnyder's legal firm.
We have cases like these that are close to settling with more brokers that defrauded their clients for millions of dollars. The rise of Crypto fraud activities has been on the mound for the past few years, and more people realize that they got tricked and are looking for a way to get their money back.
Anna Schnyder's legal firm conducts deep investigations into each case they take on board and use the latest technological and legal tools to find out information about the owners of the brokers, their location, banking locations, and business activities, as well as conducting a cyber trace after the clients money that got stolen.
Source :Yukom Communications
This article was originally published by IssueWire. Read the original article here.
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