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Old 03-24-2016, 10:03 AM  
mikesouth
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Feras Antoon and his brother caught up in insider trading scheme

Full Story on MikeSouth.Com

This is translated from

Un stratagème Ã* grande échelle - La Presse+

Among the businessmen that the Autorité des marchés financiers (AMF) in his sights included Feras Antoon Antoon and Mark Wael, who run from Montreal one of the largest networks of porn sites in the world.

Feras Antoon co-owns the company with David MindGeek Tassillo. Feras's brother, Mark, is one of the vice presidents.

MindGeek took control in 2012 of the company Manwin, which operates Pornhub and YouPorn site, among others. The previous owner, Fabian Thylmann, was arrested in Belgium in a tax fraud case.

In addition to Montreal, MindGeek a sprawling network that runs from Luxembourg to Florida, via Ireland, Cyprus, Germany, the UK and Romania. Its turnover exceeds 100 million per year.

Their Montreal office is located at 7777 Decarie Boulevard, near the rue Ferrier.

The AMF has blocked bank accounts and brokerage accounts Antoon two brothers under investigation for insider trading involving the CEO of Amaya, David Baazov. Feras Antoon had profits of $ 83,429 with the transactions in question. Reached by telephone, Mark Antoon would not comment on the case, saying her lawyer.
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