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Orel Asformas
Orel Asformas orchestrated an intricate binary options scam under DAO Group Ltd., deceiving investors and using offshore entities to evade legal consequences.
Quick summary on Orel Asformas
Mastermind of a Fraudulent Scheme:
Orel Asformas was one of the primary perpetrators behind the GoldmanOptions scam, defrauding investors through deceptive binary options trading.
Use of Offshore Companies for Deception:
He exploited offshore structures and shell companies to create a false appearance of legitimacy, making it difficult for victims to trace their funds.
Ties to Shady Payment Processing Services:
Asformas collaborated with dubious payment processors like Payotech Ltd. and Moneta International UAB to facilitate illegal transactions and launder stolen funds.
Severe Financial and Psychological Harm to Victims:
Many investors lost their life savings, facing financial devastation and emotional distress due to Asformas’ fraudulent trading scheme.
Avoidance of Legal Scrutiny:
Despite mounting evidence, legal action against him remains challenging due to the offshore and multi-layered nature of his operations.
Intel Reports
by: Cameron Foster
He’s a master of deception, hiding behind offshore accounts and shady payment systems. He deserves to be caught.
by: Joshua Bennett
Orel Asformas has no shame, taking advantage of hardworking people with his scam
by: Angela Martin
Orel Asformas is a prime example of greed at its worst. He used offshore companies to deceive hard-working people and ruin their lives. It’s frustrating how he’s still able to avoid the consequences of his actions.
Pros
Cons
by: Sara Long
The level of harm he’s caused is beyond words. People have lost everything because of his greed.