GumBallPay

Quick summary on GumBallPay

GumBallPay is an offshore payment processor that has recently been linked to the BitOptionFX scam, a notorious Forex trading scam. Despite its importance in processing payments for fraudulent schemes, GumBallPay maintains no public social media presence, and there are no identifiable individuals associated with the company, which raises concerns about its transparency and legitimacy.

Israeli Origins and Focus
GumBallPay appears to have strong ties to Israeli entrepreneurs, with a focus on high-risk markets such as esports, forex, and gaming. The website of GumBallPay is written exclusively in Hebrew, which suggests its primary target audience is Hebrew-speaking customers. The payment processor’s association with BitOptionFX, a known scam in the Forex trading market, further complicates its reputation.

Tomer Art and Design Connection
The website’s design was crafted by Tomer Art, a company owned by Tomer Yizraeli, indicating a connection to the Israeli FinTech sector. The high-quality design of the website reflects a well-executed strategy to appear legitimate, despite its ties to illicit activities.

Pulaski Publicity Ltd and St. Vincent Registration
GumBallPay is operated by Pulaski Publicity Ltd, a company registered in St. Vincent and the Grenadines, a jurisdiction known for its loose regulatory oversight. Pulaski also runs another website, www.pulaski.website, where it presents itself as a marketing and SEO firm. This registration is linked to Wilfred Services Ltd, a notorious company formation provider tied to multiple scams.

Call for Information
GumBallPay’s involvement in illicit financial transactions for scam operations such as BitOptionFX raises alarms about its role in the broader scam ecosystem. Our team is seeking more information about the company’s ownership and activities. If you have any relevant details, please contribute to our whistleblower system.