Former Banc de Binary founder allegedly behind the InvestXE broker scam
Banc de Binary was one of the big binary options brands. In March 2016, the U.S. CFTC announced that the Israeli Oren Shabat Laurent and his companies E.T. Binary Options Ltd, Banc de Binary Ltd, BO Systems Ltd, and BDB Services Ltd had to pay $7.1 million in restitution to U.S. customers. Oren Shabat was also ordered to pay a $2 million civil monetary penalty. According to our whistleblowers, he is also connected to the InvestXE broker scam. We cannot confirm or falsify this information at this time and would like to know more.