Cybercrime and scams would not even be possible without the intentional or grossly negligent involvement of payment processors in the first place. In this respect, the prosecution and detection of crime-facilitating payment processors is a key focus in the fight against scams. Thanks to the cooperation of scam victims and whistleblowers, we have already been able to uncover numerous licensed and unlicensed payment processors. With the Serbian FermenTec Trade DOO and the Hungarian Wascom Group KFT, we have again caught two illegal payment processors.
- The Serbian FermenTech Trade DOO in Dimitrja Tucovica 65, 11050 Beograd-Zwezdar, is run by Boris Kostic and has an account with the Lithuanian Paysera (IBAN LT163500010009281093).
- The Hungarian Wascom Group KFT in 1027 Budapest, Bem József utca 9, has an account with Budapest Bank (IBAN HU13101013530985160001005304).
Officially, Wascom Group operates the website www.wascom.furniture and apparently sells kitchens. Many of the illegal payment processors officially operate in completely different fields, making their bank accounts available to scammers and cybercriminals. In exchange for paying high commissions.
Both payment processors have participated in the broker scams of the Estonian Kleinman Group, for example (read this FinTelegram report). We would like to know more about the legal entities, individuals, and their networks. Therefore, we would be grateful if you would share experiences and information with FinTelegram.