A U.S. court sentenced a Ukrainian-Israeli national to 4 years’ imprisonment for orchestrating a US$3M fake brokerage scheme that defrauded investors and laundered illicit funds

Yaroslav Shilkloper and his co-conspirators provided victims with a digital platform displaying fabricated investment performance while diverting their money through accounts in Ukraine, Georgia, Hungary, Israel, the Czech Republic and elsewhere. He was also ordered to pay a $250,000 fine and $1.43 million in restitution, while separate forfeiture proceedings in Georgia have already returned $2.8 million to victims…