Tag: Uwe Lenhoff

The newly published Payvision chats could become the most damaging documentary evidence yet in Europe’s long-running broker scam scandal. According to EFRI and the cited criminal case files, Payvision did not merely process transactions for Lenhoff and Barak-linked fraud networks — it allegedly helped them solve payment problems, reroute settlements, and survive banking disruption, all while generating lucrative fee income.

In a chilling convergence of "White Front" FinTech and Eastern European boiler rooms, newly unearthed criminal records reveal how Payvision CEO Rudolf Booker allegedly hand-picked a reputation expert to "de-google" whistleblowers. cybercrime masterminds Uwe Lenhoff and Gal Barak paid to bury the truth.

It is one of the largest European cybercrime cases, with dozens of indictments and victim lawsuits. In its center - the Dutch payment facilitator Payvision. Fresh excerpts from criminal files obtained by FinTelegram put Payvision’s then-CEO Rudolf Booker uncomfortably close to the Lenhoff–Barak scam machine. These are not the fingerprints of a “neutral payment processor,” but the voice of an anxious, hands-on gatekeeper and facilitator.

Moscow-based “Ikarus Moskva” markets energy trading, “bank solutions,” and cross-border legal services from a Moscow City tower. Its public Team page lists Serbian lawyer Marko Vujošević—a figure long linked in FinTelegram investigations to the 2016–2019 Belgrade boiler-room era and the Montenegro payment processor Global Payment Systems DOO (GPS).

On 21 July 2025 StablR announced a “strategic investment” from U.S. exchange Kraken. The press release touts €‑stablecoin EURR and $‑stablecoin USDR “live on 50+ exchanges, 150+ pairs” and claims US $3 billion in 2025 volume so far. Kraken’s VP of Product Mark Greenberg calls the deal a “next wave of crypto adoption.”

StablR Ltd (Malta, C 104007) positions itself as a MiCA-ready euro-stablecoin issuer. Official filings show a simple Dutch holding chain, but deeper registry work and legacy links to Payvision’s cyber-crime scandal raise doubts about the project’s true beneficial owners (UBOs). While no hard evidence yet ties Payvision founder Rudolf Booker (or other ex-shareholders) directly to StablR, multiple red flags—including addresses previously used by Booker-controlled entities and a board dominated by former Payvision managers—demand regulatory scrutiny.

The EU’s Markets in Crypto-Assets Regulation (MiCA) was sold to legislators as the end of Europe’s regulatory patch-work. In theory, every crypto-asset service provider (CASP) will live under the same anti-money-laundering (AML), governance and disclosure standards from 30 December 2024. In practice, the first six months of “early bird” licensing suggest that member states are already competing to become the Cayman Islands of MiCA.

StablR, the Malta-based and MFSA-regulated issuer of EURR and USDR stablecoins, promotes itself as a compliant, euro-denominated digital currency provider under the EU’s new MiCA regime. However, what is missing in its clean-cut public image is the checkered past of its founder and CEO, Gijs op de Weegh, who served as COO of Payvision, a Dutch payment processor infamous for facilitating cybercrime.

In April 2025, Mohamad Shaker — the head of the largest boiler room in German cybercriminal Uwe Lenhoff’s vast cybercrime empire — was sentenced to 8 years in prison by a German court. Shaker's conviction marks another milestone in dismantling one of Europe’s largest cybercrime organizations. Yet, while some lieutenants have faced justice, the key facilitators — including executives of Payvision and the Amsterdam-based money laundering network — remain untouched.

Alex Slavomir Bures, a London resident with deep ties to cybercrime and money laundering, has resurfaced under the new identity "XXX Rico." Until 2019, Bures was a key player in laundering stolen funds for the cybercrime organization of the late Uwe Lenhoff. Now, whistleblower reports suggest he remains active in the crypto space, operating the online magazine Crypto Daily under a newly established Albanian entity.

Alex Slavomir Bures, a London resident with deep ties to cybercrime, money laundering, and Eastern European organized crime, has resurfaced under the new identity "XXX Rico." Initially introduced to FinTelegram by the late cybercrime mastermind Uwe Lenhoff in 2016, Bures was a key player in laundering stolen funds from fraudulent online gambling and betting businesses.

The Payvision scandal is one of the most shocking cases of corporate complicity in global cybercrime. A Dutch payment processor, Payvision, actively facilitated fraud networks, laundering and distributing stolen funds for years. Despite overwhelming evidence, Dutch authorities refuse to hold those responsible accountable and continue to withhold crucial investigative reports that could help victims recover their stolen money.