World

Russia detains Israeli-Canadian citizen wanted in US for fraud

2024.08.22 09:25

MOSCOW (Reuters) -Police in St Petersburg have detained an Israeli-Canadian racing car driver wanted by the United States for alleged large-scale fraud relating to an illegal online stock trading scheme, the city’s court system said on Wednesday evening.

The man, Joshua Cartu, is wanted, alongside his brothers David and Jonathan and several others, for allegedly operating a fraudulent binary options trading scheme between 2013 and 2018 that defrauded investors of millions of dollars, according to a U.S. Commodity Futures Trading Commission statement from May 2020.

The St Petersburg court service said Cartu had been detained on Aug. 19 at Pulkovo airport. It identified him as a citizen of Israel and Canada and said he was “wanted by the United States of America”. It was not immediately clear when Cartu arrived in Russia.

On Wednesday, the court extended his detention by 72 hours. Reuters was not able to determine if Cartu had a lawyer.

A spokesperson for Global Affairs Canada, the country’s foreign affairs department, said it was “aware of an arrest involving a Canadian in Russia” and that Canadian officials had reached out to local authorities to offer consular assistance, declining further comment.

The Israeli embassy did not immediately respond to a comment request.

The court said Cartu could be charged under Russia’s fraud statute, which carries a punishment of up to 10 years in prison.

“Cartu is not employed, has no permanent place of residence in St. Petersburg, but he has a passport of a foreign citizen, which makes it possible (for him) to cross the border of the Russian Federation without hindrance, thus preventing an extradition inspection,” the court said.

Moscow and Washington do not have an extradition treaty.

The U.S. embassy did not immediately respond to a request for comment.

© Reuters. U.S. dollar banknote in front of stock graph is seen in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration

Cartu was separately accused of fraud in Canada relating to a fraudulent binary options scheme targeting Ontarians, according to a September 2020 statement from the Ontario Securities Commission.

Cartu’s arrest comes less than a month after Russia and the West, led by the United States, conducted the largest prisoner swap since the Cold War, exchanging 16 people held in Russia and Belarus for eight Russians jailed in the West.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 83,932.49 0.56%
ethereum
Ethereum (ETH) $ 1,923.07 0.55%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.38 0.36%
bnb
BNB (BNB) $ 611.97 3.17%
solana
Solana (SOL) $ 135.43 1.34%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.737657 0.41%
dogecoin
Dogecoin (DOGE) $ 0.174363 1.32%
tron
TRON (TRX) $ 0.220261 1.37%
staked-ether
Lido Staked Ether (STETH) $ 1,922.48 0.78%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,783.45 0.34%
pi-network
Pi Network (PI) $ 1.56 7.18%
leo-token
LEO Token (LEO) $ 9.74 0.17%
chainlink
Chainlink (LINK) $ 13.85 0.43%
the-open-network
Toncoin (TON) $ 3.48 19.60%
stellar
Stellar (XLM) $ 0.274118 1.15%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,302.91 0.81%
usds
USDS (USDS) $ 1.00 0.01%
hedera-hashgraph
Hedera (HBAR) $ 0.191653 1.80%
avalanche-2
Avalanche (AVAX) $ 19.11 3.39%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 0.27%
sui
Sui (SUI) $ 2.33 0.40%
litecoin
Litecoin (LTC) $ 91.91 0.62%
bitcoin-cash
Bitcoin Cash (BCH) $ 338.45 2.84%
polkadot
Polkadot (DOT) $ 4.31 2.48%
mantra-dao
MANTRA (OM) $ 6.59 5.32%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
weth
WETH (WETH) $ 1,923.05 0.57%
bitget-token
Bitget Token (BGB) $ 4.44 0.46%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.09%
hyperliquid
Hyperliquid (HYPE) $ 14.00 1.16%
whitebit
WhiteBIT Coin (WBT) $ 28.82 1.28%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,043.94 0.51%
monero
Monero (XMR) $ 212.03 0.84%
uniswap
Uniswap (UNI) $ 6.18 2.47%
susds
sUSDS (SUSDS) $ 1.04 0.02%
aptos
Aptos (APT) $ 5.34 2.37%
dai
Dai (DAI) $ 0.999804 0.01%
near
NEAR Protocol (NEAR) $ 2.61 0.09%
pepe
Pepe (PEPE) $ 0.000007 0.83%
okb
OKB (OKB) $ 46.40 0.58%
internet-computer
Internet Computer (ICP) $ 5.73 1.07%
ondo-finance
Ondo (ONDO) $ 0.863403 1.23%
ethereum-classic
Ethereum Classic (ETC) $ 17.82 1.21%
mantle
Mantle (MNT) $ 0.787582 7.27%
gatechain-token
Gate (GT) $ 21.50 1.43%
aave
Aave (AAVE) $ 170.62 1.63%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,917.48 0.53%
official-trump
Official Trump (TRUMP) $ 12.05 1.88%