Gaming Corps provides online casino games to the SoftSwiss platform, an aggregator reportedly linked to hundreds of alleged fraudulent online casino sites, and is under scrutiny for potential fraud, illegal gambling, and money laundering worldwide.Gaming Corps 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. 
Bringing the Global Financial Crime Network to Light
Probing the Global Fraud Ties of CoinsPaid, AlphaPo, Crypto Processing, Merkeleon and SoftSwiss. The tightly linked world of modern finance is heavily impacted by the reach of international crime. Stretching from Europe’s financial centers to Australia and beyond, a tangled web of fraud and money laundering has surfaced, entangling a network of companies and individuals who manipulate global systems for personal profit. A full investigation of these operations sheds light on troubling associations between criminal networks from Russia and Belarus and several global financial institutions.
A Network of Fraud and Money Laundering: Prominent Russian and Belarusian fraudsters, including Roland Yakovlevich Isaev, Paata Gamgoneishvili, Ivan Montik, Pavel Kashuba, Dmitry Yaikov (Dzmitry Yaikau), Andrey Starovoitov and Max Krupyshev (aka Maksim Krupyshev), lead a vast and interconnected criminal network. These figures stand accused of coordinating massive fraud and laundering schemes that reportedly divert tens of billions of dollars every year. These illicit operations are often supported by a network of companies and entities, enabling their criminal activities.
Prominent Actors and Their Underhanded Operations
A range of companies are entangled in these global fraud activities, 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 particularly troubling aspect of this network is how companies like CoinsPaid and AlphaPo are used to bypass international sanctions. These companies are believed to serve as a key avenue for Russian and Belarusian officials and oligarchs to circumvent sanctions from the European Union and the United States.Furthermore, these companies facilitate the handling and laundering of fraudulent payments tied to binary options scams, online gambling fraud, cybercrime, and drug trafficking funds.
Corruption and Bribery in Regulatory Frameworks
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. Despite a series of reports detailing fraud and money laundering, Estonian regulators have not taken adequate action, raising serious concerns. Allegations point to bribery as a means for these officials to overlook the criminal operations. In the same vein, the Softswiss group and its associated entities, with licenses in Curacao and Malta, have been implicated in serious fraud cases. The investigation uncovers that millions of euros are directed towards bribes for regulators in Malta, allowing these online casinos to operate without interference.
A lawyer by the name of Gianluca Caruana Curran, implicated in the scandal, has been connected to multiple fraud cases in Malta. The most heartbreaking aspect of these schemes is the toll they take on innocent individuals. Victims of these scams are often unaware that their financial setbacks are driven by the operations of international criminals. The stolen funds are frequently washed through corrupt banks in developing countries and cryptocurrency platforms controlled by criminal organizations connected to SoftSwiss, CoinsPaid, and AlphaPo.
Closing Remarks
The vast web of financial crime connecting Russia and Belarus serves as a clear warning about the weaknesses in our global financial systems. The elaborate fraud and money laundering operations, worsened by regulatory corruption and bribery, call for immediate improvements in transparency and more powerful enforcement mechanisms.As investigations progress, it is essential for global financial regulators to tackle these issues and safeguard innocent citizens from the destructive consequences of international fraud.