Red Flags
2
StablR
During op de Weegh’s time as COO, Payvision became strongly involved in money laundering operations and cybercrime.
Quick summary on StablR
Misleading Investor Narrative:
Gijs op de Weegh, CEO of StablR, presents an incomplete and potentially misleading professional history, particularly regarding his time at Payvision.
Ties to Financial Crimes:
As COO of Payvision, he was involved in money laundering and financial law breaches, leading to significant legal actions and fines.
Association with Convicted Fraudsters:
He facilitated transactions for Gal Barak and Uwe Lenhoff, both notorious scammers who defrauded thousands, leading to legal troubles for Payvision.
ING’s Loss Due to Mismanagement:
ING acquired Payvision for €360 million in 2018 but shut it down by 2021 due to ongoing fraud scandals, resulting in a major financial setback.
Lawsuits from Fraud Victims:
Victims of fraudulent schemes tied to Payvision are actively suing ING and Payvision, citing their role in enabling large-scale financial fraud.
Intel Reports
by: Lucas Ramirez
The guy’s involved in money laundering? That's a huge red flag, especially when he's in charge of a company people should trust.
by: Isabella Ward
You can’t just ignore a history with convicted scammers and call it a new start. Gijs has way too much baggage, I wouldn't invest with him.
by: Lucas Ramirez
Payvision was shut down because of all the fraud linked to it, and now he’s got another company? Honestly, it feels like he's dodging accountability.
by: Mason Sullivan
How many times does this guy need to be linked to scandals before people stop trusting him? StablR should be looking for a leader with a cleaner slate.