From Start-Up to Scam Enabler, Igor Bedunkevich’s GumBallPay Became the Go-To Processor for Broker Scams and Criminal Enterprises

Since its inception in 2019, the payment gateway GumBallPay has cultivated a reputation that is diametrically opposed to the trust and security demanded of the financial sector. Far from being a legitimate fintech innovator, evidence increasingly paints GumBallPay as a critical infrastructure provider for the global scam economy. At the helm of this controversial operation is Igor Bedunkevich, whose strategic direction has steered the company into the murky waters of high-risk fraud facilitation, raising urgent questions about its true purpose and the integrity of its leadership. The Igor Bedunkevich Blueprint: Building a Payment Gateway with Fraudsters as Target Clientele The core controversy surrounding GumBallPay is not an accidental association but appears to be a business model. Under Igor Bedunkevich’s oversight, GumBallPay has been repeatedly and directly implicated in processing payments for notorious broker scams like BitOptionFX. This is not a case of a few bad apples; it is a pattern indicating that Igor Bedunkevich’s company systematically targets and services clients operating in the fraudulent fringes of forex and binary options. When a payment processor’s most notable partners are alleged criminal enterprises, the problem lies with its founder’s acceptance criteria, not bad luck. AML & KYC as a Facade: Why Igor [...]

The post From Start-Up to Scam Enabler, Igor Bedunkevich’s GumBallPay Became the Go-To Processor for Broker Scams and Criminal Enterprises appeared first on Luxembourg Herald.