On October 21, Caven Jechiel Czertok, a German citizen who was a permanent resident of Israel, was extradited back to his home country to face trial for professional fraud and membership in a criminal organization.
According to prosecutors, between October 2017 and November 2019, Czertok, 32, would phone victims from a call center in Bulgaria and convince them to gamble on foreign currency exchange rates, buy speculative cryptocurrencies, or bet on the movement of securities through an instrument known as contracts for difference, or CFD.
Sometimes he used the alias Kevin Becks, sometimes Thomas Edelstein. At least 100 Germans fell victim to him, losing a total of at least 1 million euros, they said.
One noteworthy victim, German prosecutors wrote in a mutual legal assistance request to Israeli prosecutors obtained by The Times of Israel, “lost approximately Euro 530,000 because he believed meaningless promises of…