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UTrade Owner Aviv Talmor Convicted in Israel for $22M Fraud

UTrade Owner Aviv Talmor Convicted in Israel for $22M Fraud

He was indicted in 2018.

The firm now owes $12 million to defrauded clients.

Aviv Talmor, the Founder and CEO of algo-trading company UTrade, has been convicted by an Israeli court for defrauding investors of NIS 77 million ($22 million) and several other charges.

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