Tamir Borsuk

Key Points

• Fraud Allegations: Tamir Borsuk, an Israeli national, is implicated in facilitating binary options and broker scams through payment processing firms, notably Moneta International UAB and PayObin.

• Professional Profile: Borsuk is a shareholder and director of multiple payment processing companies, including Moneta International and PayObin, which have been linked to fraudulent activities.

• Regulatory Actions: The Bank of Lithuania revoked the licenses of Moneta International (2019) and PayObin (2020) due to money laundering and compliance violations, raising significant red flags.

• No Direct Legal Convictions: No confirmed lawsuits or criminal convictions are tied to Borsuk personally, but his companies’ activities suggest high-risk involvement in scam facilitation.

• Network of Associates: Borsuk is connected to other Israeli entrepreneurs, including Eyal Nachum, involved in similar payment processing scams.

Overview

Tamir Borsuk is an Israeli businessman known for his role as a shareholder and director in payment processing companies, including Moneta International UAB and PayObin, both based in Lithuania. These firms facilitated financial transactions for various online platforms, including binary options and broker scams, between 2018 and 2020. Borsuk’s companies provided payment infrastructure for fraudulent schemes, such as GoldmanOptions, by processing credit card payments and cryptocurrency transactions. Investigations, including a report from April 15, 2025, highlight his involvement in a network of entities designed to obscure ownership and enable financial fraud. After regulatory actions by the Bank of Lithuania, Borsuk’s companies lost their licenses, and he has maintained a low public profile since. No evidence suggests he operates a public-facing business currently.

Allegations and Concerns

• Facilitation of Scams: Borsuk’s companies, Moneta International and PayObin, are accused of processing payments for binary options scams like GoldmanOptions, enabling fraudsters to collect funds from victims.

• Money Laundering Violations: The Bank of Lithuania revoked Moneta International’s license in 2019 and PayObin’s in 2020 due to systematic compliance violations and money laundering concerns, indicating Borsuk’s firms enabled illicit financial flows.

• Use of Shell Companies: Borsuk is linked to offshore entities like DAO Group Ltd (Marshall Islands) and DAO Processing Ltd (UK), used to obscure ownership and operations, a common tactic in financial fraud.

• Association with Fraud Networks: Investigations suggest Borsuk collaborated with co-conspirators like Eyal Nachum, Ariel Hai Mazooz, and David Mor, all implicated in similar scam operations.

• Lack of Transparency: Limited public information about Borsuk’s current activities or personal profile raises concerns about accountability and ongoing involvement in high-risk ventures.

Customer Feedback

• No Direct Consumer Reviews: As Borsuk’s companies operated behind the scenes as payment processors, no direct customer reviews are available on platforms like Trustpilot or Google.

• Victim Reports: Negative feedback comes from victims of scams facilitated by Borsuk’s firms. A FinTelegram report quotes a victim of GoldmanOptions: “I lost €10,000 through a broker scam, and later learned my payments went through a Lithuanian processor tied to Borsuk.”

• Regulatory Complaints: The Bank of Lithuania noted complaints about PayObin’s customers using its services for fraud, leading to its license revocation. No positive feedback exists, as Borsuk’s firms served scam operators rather than end consumers.

Risk Considerations

• Financial Risks: Engaging with entities linked to Borsuk poses risks of financial loss due to their history of facilitating fraudulent transactions. Victims of scams processed through his firms often faced unrecoverable losses.

• Reputational Risks: Association with Borsuk or his companies could severely damage the reputation of businesses or individuals, given their documented ties to scam networks.

• Legal Risks: While no personal lawsuits are confirmed, Borsuk’s firms violated anti-money laundering (AML) regulations, exposing partners to potential legal scrutiny under EU or international laws.

• Operational Risks: The revocation of licenses for Moneta International and PayObin indicates operational instability, making future ventures with Borsuk unreliable.

• Regulatory Risks: Borsuk’s history of regulatory violations suggests ongoing scrutiny by financial authorities, increasing risks for collaborators.

Business Relations and Associations

• Moneta International UAB: Borsuk was a shareholder and director of this Lithuanian e-money institution, which lost its license in 2019 for AML violations.

• PayObin: Borsuk held a leadership role in this payment processor, revoked in 2020 by the Bank of Lithuania for facilitating fraudulent activities.

• DAO Group Ltd and DAO Processing Ltd: Borsuk is linked to these offshore and UK-based shell companies, used to obscure scam operations like GoldmanOptions.

• Key Associates: Borsuk collaborated with Eyal Nachum (co-founder of Moneta International), Ariel Hai Mazooz, and David Mor, all implicated in binary options fraud. Puppet directors like Genevieve Magnan and Jonathan Bibi were used to front operations.

• No Current Affiliations: No evidence suggests Borsuk is actively involved in new ventures post-2020, but his low profile may indicate continued covert activity.

Legal and Financial Concerns

• No Personal Lawsuits: No lawsuits, unpaid debts, or bankruptcy records are directly tied to Borsuk personally as of May 15, 2025.

• Regulatory Actions: The Bank of Lithuania revoked Moneta International’s license in April 2019 and PayObin’s in July 2020 due to AML violations and fraud facilitation, as reported by FinTelegram.

• Potential Legal Exposure: Borsuk’s role in scam-related payment processing could expose him to future investigations under EU AML directives or international cybercrime laws.

• Fraud Facilitation: His firms processed payments for scams like GoldmanOptions, contributing to victim losses estimated in the millions, though no specific legal action against Borsuk is documented.

Risk Assessment Table

Expert Opinion

Tamir Borsuk’s involvement in Moneta International and PayObin places him at the center of a network facilitating binary options and broker scams, posing significant risks to financial systems and victims. The revocation of his companies’ licenses by the Bank of Lithuania underscores systemic compliance failures and money laundering concerns. While no direct legal convictions are documented, his associations with known fraudsters and use of shell companies suggest a deliberate effort to obscure illicit activities.

Pros:

• None, as his companies’ operations were tied to fraudulent schemes.

Cons:

• High financial
• reputational, and regulatory risks due to scam facilitation and license revocations.

Cautionary Advice: Avoid any business dealings with Borsuk or entities linked to him due to their history of fraud facilitation. Verify payment processors through regulated authorities like the Bank of Lithuania (www.lb.lt) and report suspicious activities to the FBI’s IC3 (ic3.gov) or INTERPOL. Businesses should conduct thorough due diligence to avoid partnerships with similar high-risk entities.

Key Citations

Cybercriminal investigation: https://cybercriminal.com/investigation/tamir-borsuk