Court Approves Vesttoo to Seize $30M from Fraud Accused Co-Founders & Execs

Vesttoo fraudulent LOCs

According to a report in the Israeli media, the Tel Aviv District Court has approved Vesttoo to seize approximately $30 million in assets from its two ousted co-founders, as well as the persons that worked to source investors who have been implicated in the letter of credit (LOC) fraud scheme.