Shraga Holdings Ltd.

An Israeli father-and-son and a resident of Germany swindled tens of thousands of investors out of more than $100M in a 'binary options' fraud, laundering much of the proceeds through two BVI firms, the US SEC has alleged in a complaint at federal court in Los Angeles.

Complaint alleging a $100 million-plus 'binary options' fraud in U. S. Securities and Exchange Commission v. Kai Christian Petersen, a resident of Germany; Gil Beserglik, a citizen of Israel, and Raz Beserglik, a citizen of Israel, as Defendants, and Shraga Holdings Ltd. and Lembex Global Investments Ltd., both of the British Virgin Islands, as Relief Defendants, at the U. S. District Court for the Central District of California.