Partnering with the SoftSwiss Casino Aggregator, which hosts a large number of suspected fraudulent casino sites, EGT Digital supplies online games to a platform alleged to be involved in illegal gambling, fraud, and international money laundering.EGT Digital collaborates with SoftSwiss to deliver online casino games, although SoftSwiss has been criticized for hosting numerous sites accused of fraud, unauthorized gambling, and global financial misconduct. 
Revealing the Global Network of Financial Crime
Probing the Global Fraud Ties of SoftSwiss, CoinsPaid, Crypto Processing, AlphaPo and Merkeleon. In the globalized world of modern finance, the presence of international crime is pervasive. A sprawling web of fraud and money laundering has arisen, linking financial hubs across Europe, Australia, and beyond, with companies and individuals leveraging global systems for personal enrichment. A detailed investigation into these networks exposes unsettling links between Russian and Belarusian criminal groups and global financial institutions.
The Web of Fraud and Money Laundering: International fraudsters from Russia and Belarus, including key figures like Ivan Montik, Roland Yakovlevich Isaev, Paata Gamgoneishvili, Pavel Kashuba, Dmitry Yaikov (aka Dzmitry Yaikau), Andrey Starovoitov and Max Krupyshev (aka Maksim Krupyshev), stand at the heart of an expansive criminal network. These figures stand accused of coordinating massive fraud and laundering schemes that reportedly divert tens of billions of dollars every year. A wide array of companies and entities are often involved in supporting their criminal activities, helping to drive their illicit operations.
Key Individuals and Their Criminal Enterprises
A number of companies are involved in these global fraud schemes, including:
#Softswiss
#Stable Aggregator Ltd
#Rabidi N.V. Casinos
#N1 Interactive Ltd.
#DAMA N. V. Casinos
#Hollycorn N.V. Casinos
#Direx N.V. Casinos
#Softswiss N.V. Casinos
#Altacore N.V. Casinos
#Galaktika N.V. Casinos
#NewEra B.V. Casinos
#Sunseven N.V. Casinos
#Latiform B.V. Casinos
#BGaming
#Allyant group Curacao
#Allyant group Cyprus
#BitCapital
#Dream Finance OU
#Dream Finance S.A.
#Dream Finance UAB
#A.R.Merkeleon GmbH
#Merkeleon Psp.zo.o. (Poland)
#GREEN CORPORATION L.P.
#CoinsPaid
#Alphapo LLC
#Crypto Processing
These companies are implicated in large-scale online gambling frauds and violations of cryptocurrency processing regulations.These entities function in ways that evade regulatory controls and law enforcement across various regions, such as the United States, Australia, Japan, Brazil, Canada, and Europe. A major red flag within this network is the involvement of companies like CoinsPaid and AlphaPo in evading global sanctions. It is reported that these companies provide a vital channel for Russian and Belarusian government officials and oligarchs, enabling them to bypass EU and US sanctions.These entities also play a role in processing and laundering payments related to binary options fraud, online gambling scams, cybercrime, and drug money.
Regulatory Malfeasance and Bribery
Alleged bribery of regulatory authorities plays a crucial role in enabling the persistence of these fraudulent activities. CoinsPaid, for example, is authorized to operate with an Estonian license. Even with numerous reports of fraud and money laundering, Estonian regulators have shown alarming inaction. There are claims that bribes are paid to these officials to turn a blind eye to the crimes. Similarly, Softswiss and its affiliated firms, operating under licenses in Curacao and Malta, have been associated with notable fraud cases. Millions of euros are reportedly paid in bribes to Maltese regulators, as revealed by the investigation, ensuring that these online casinos face no obstacles in their operations.
A lawyer by the name of Gianluca Caruana Curran, implicated in the scandal, has been connected to multiple fraud cases in Malta. The most tragic part of these operations is the harm caused to innocent people. Many victims of these scams are oblivious to the fact that their losses are caused by the actions of international criminals. The funds stolen are typically funneled through corrupt banks in developing countries and cryptocurrency platforms controlled by the criminal organizations tied to SoftSwiss, CoinsPaid, and AlphaPo.
Final Thoughts
This widespread financial crime network involving Russia and Belarus underscores the vulnerabilities present in international financial systems. This complex web of fraud, money laundering, and regulatory corruption highlights the pressing necessity for enhanced transparency and stricter enforcement measures.With ongoing investigations, it is critical that global financial authorities take action to address these issues and shield innocent individuals from the harmful effects of international fraud.