In the bizarre but continuing legal case of Aviv Talmor, former owner of the UTrade Retail FX and algo trading brand, Mr. Talmor has been sent (back) to jail for a second 14 day term after producing a "grocery list" in court which showed that he was not working to repay bankruptcy debts, as was agreed. Under…
Read moreIsraeli news sources are reporting that Aviv Talmor, former owner of the UTrade Retail FX and algo trading brand, has been jailed for two weeks for not making payments as part of a 2016 bankruptcy plan for UTrade. Under the agreement, Talmor was to make monthly payments of NIS 3,500 (USD $1,000) to the insolvency…
Read moreContinuing our coverage of the arrest of Utrade owner and longtime retail forex entrepreneur Aviv Talmor, Israel business site Calcalist is reporting that Talmor has been remanded to seven days House Arrest, a common tactic in Israel for non-violent offenders facing criminal charges. As reported on LeapRate, Aviv Talmor was originally taken into custody last…
Read moreAviv Talmor is suspected of fraud, running a Ponzi scheme, money laundering and managing investment portfolios without a license.
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