UTrade Discover Forex News Group: the latest behind-the-scenes insight into all the FX executive moves, platform advancements, regulatory changes, broker results and volumes

Exclusive: UTrade’s Aviv Talmor has jail sentence extended to 5 years in algo trading / binary options fraud

Aviv Talmor was convicted back in September 2022, and then sentenced to four years in jail in January 2023.

However Aviv Talmor is not heading to jail quite yet. His sentence was suspended for four months, to give time for an appeal.

Aviv Talmor was convicted of fraud, theft, money laundering, and managing investment portfolios without a license.