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Up to early 2022, he was involved in Aexon, a Singapore payment processor, which vanished as soon as the media requested questions. Fintelegram and other impartial media uncovered the dodgy transactions of his Jade Management Co , Swiss Simnati Consulting Group SA, and the Austrian HBDIG Technologies GmbH. In Austria, another trial in the surroundings of Israeli Gal Barak’s cybercrime group E&G Bulgaria will begin in a few weeks. Barak was sentenced in 2020 for investment fraud and cash laundering to several years of imprisonment and about €4 million in restitution funds that he has not paid yet. Criminal data show that Gal Barak, his wife, Marina Barak, and his companions, Gery Shalon and Vladislav Smirnov, earned round €38 million between 2017 and 2019 alone.
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