The COVID-19 crisis also affects law enforcement and courts. The switch to state-ordered emergency operation will also delay but ultimately not prevent investigations, indictments, and trials. Lawmakers in most jurisdictions already have or are about to, for example, ordered the interruption of time limits during the COVID-19 crisis. This means that there is no risk that detained suspected investment fraudsters and scammers such as the German Uwe Lenhoff or the Israeli Gal Barak, the so-called Wolf of Sofia, will get away with their crimes because of the COVID-19 crisis.
At present, it is necessary to protect human lives by taking measures against the spread of the COVID-19 virus. This is the top priority. After that, we will again be focusing on justice for aggrieved investors.
We have also learned that several already planned law enforcement actions against other scam broker networks and cybercrime organizations had to be postponed. In this context, we have received confirmation that Israeli authorities and courts are now also cooperating with EU law enforcement. This is really great news for damaged investors of these investment fraud schemes. At present, however, no law enforcement actions are possible due to travel restrictions and the emergency operation of the courts. For the time being, these have therefore been postponed.
The time will be used by law enforcement agents to gather further evidence. There will be no COVID-19 amnesty for scammers under any circumstances. On the contrary! Stay safe, stay healthy, stay tuned!