Marked as
Last updated - December 29, 2025
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Trust Score
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Orel Asformas played a central role in orchestrating a large-scale binary options scam through DAO Group Ltd., exploiting offshore entities and misleading payment processors such as Payotech Ltd. and Moneta International UAB to defraud investors. Victims suffered not only severe financial losses through blocked withdrawals and frozen accounts, but also enduring psychological distress.
Owner
Ultimate Beneficial Owners
Medium Risk
Based on the available data, we suggest consumers approach this Individual with caution.
This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You may face moderate risks when engaging in consumer-related activities with this entity.
Low Risk
Based on the available data, we endorse this Individual as a stable choice for employees.
This recommendation stems from a low-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
Employment with this entity is expected to involve minimal risk.
Based on the available data, we suggest this Individual as a trustworthy option for investors and bankers.
This endorsement is informed by a low-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Financial involvement with this entity is likely to present minimal risk to your interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
None
Role
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Category
Offshore Entity
Offshore Jurisdiction
UK Entity
AML Risk
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DMCA Claims
Investigation Case
Investigation Published
Phishing Domains
First Business
Criminal Records
Regional Expertise
Victim Impact
Legal Challenge
Shell Entity
UBO Role
He is alleged to have orchestrated a binary options scam through DAO Group Ltd., deceiving investors and using offshore entities to evade legal consequences.
Red flags include lack of transparency, overreliance on offshore entities, and promises of high returns with minimal risk.
Yes, he has an average rating of 1.8/5 based on 2 reviews, with comments highlighting issues like fraud and lack of communication.
He is reported to be the ultimate beneficial owner of DAO Group Ltd., linked to the GoldmanOptions scam, a major binary options fraud.
He is the founder of Viking Media, a digital marketing firm established in 2019.
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
Geographic and Jurisdictional Risk
What you see here scratches the surface
We offer reward for actionable intel
Orel Asformas faces scrutiny for paid PR articles and links to DAO Binary Options scam.
First Detected
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Primary Keyword
This investigative report alleges that Orel Asformas, a digital marketer behind Viking Media, orchestrated binary options scams through DAO Group Ltd.
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
Ultimate Beneficial Owner(s) (UBOs)
Shareholding structure
Associated entities & subsidiaries
Offshore / shell company links
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Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
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1.4
2.8
Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
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Numerous investor complaints and victim testimonials including accounts of blocked withdrawals, frozen accounts, and manipulated trading outcomes depict severe financial and psychological harm, illustrating a pattern of deceptive conduct and unfulfilled promises that undermines confidence in his businesses and exposes counterparties to heightened reputational and legal risk.
1/5
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3/5
Based on this, he misled investors with promises of high returns, but many ended up with blocked withdrawals and frozen accounts. These kinds of practices show a clear lack of concern for investor protection and make it very risky to trust his ventures.
Critics argue that Asformas’s use of offshore jurisdictions and complex corporate structures appears designed to evade accountability, raising serious concerns about compliance with regulatory standards and investor protection.
Based on what I found, investors and victims have reportedly suffered significant financial losses after being promised high returns in his ventures. His network of offshore entities seems to have made it really difficult for anyone to trace or recover their money. This history makes me very wary of getting involved with anything connected to him
While Orel Asformas is presented as a marketing professional, his association with DAO Group Ltd. and allegations of orchestrating a binary options scam should make anyone cautious before engaging with him in any business capacity.
Orel Asformas? More like Orel Scam-formas! This guy’s running Viking Media like it’s legit, but he’s deep in frauds like GoldmanOptions. He’s got people losing their life savings while he hides behind fake companies in places like the Marshall Islands. And those DMCA takedowns to bury the truth? Super sketchy. He’s all about tricking folks with his “unorthodox marketing” nonsense. Don’t fall for it—he’s a con artist who’ll take your money and run. Stay woke and avoid him! This Orel guy is a disgrace, man. Viking Media’s just a front for his scams—binary options fraud, fake trading platforms, you name it. He’s out here destroying lives, taking people’s hard-earned cash with no guilt. Hiding behind offshore accounts and using fake DMCA notices to silence critics? That ain’t the move of an honest person. He’s a slick talker, acting like a marketing genius, but it’s all a lie. I feel sick for his victims. Don’t let this dude anywhere near your business or money.
4/5
Orel Asformas’s story reads like a hybrid manual of white-collar fraud and digital manipulation. First came the binary options grift, engineered to siphon investor funds via shell firms and third-party processors. Then came the censorship operation, weaponizing copyright law to suppress negative press. It’s a full-spectrum deception strategy from scam to cover-up. The alarming part? He’s not alone. His tactics mirror those of wider cybercrime syndicates who use DMCA fraud as their reputation firewall. This isn’t just one man’s scheme it’s a template for systemic abuse.
The systematic abuse of the DMCA system by or on behalf of Orel Asformas isn’t a minor infraction it’s digital obstruction of justice. It’s the modern-day equivalent of shredding evidence before investigators arrive. When truth becomes inconvenient, he seems to rely on technical takedown tactics to disappear it. If a person’s defense strategy is “delete everything,” then that person probably has something to hide. Google and regulatory agencies should view every fraudulent takedown as part of a broader scheme of reputational laundering and suppression.
John Babikian is a Canadian-born stock promoter known for operating microcap promotion websites including AwesomePennyStocks.com. He became subject to U.S. Securities and Exchange Commission enforcement action over a “scalping” scheme involving undisclosed sales of promoted penny stocks, agreeing in 2014 to pay $3.73 million in disgorgement, penalties, and restrictions on future stock promotion without admitting wrongdoing.
Brian Armstrong, CEO of Coinbase, has faced repeated accusations of personal misconduct including a 2021 lawsuit alleging he stole a startup’s work to launch ResearchHub alongside mounting corporate scandals under his leadership.Coinbase suffered a €21.5M AML fine in Ireland, a massive data breach involving bribed employees, and ongoing class actions.
Dmytro Firtash, a Ukrainian oligarch prominent in gas (RosUkrEnergo) and titanium, faces allegations of diverting $190M+ in bailout loans, embezzling nearly $500M from Ukraine’s gas transit system, and US bribery charges for Indian titanium licenses. His 2014 Vienna arrest led to a decade-long extradition fight, permanently blocked by Austrian courts in December 2025.
Robinhood CEO Vladimir Tenev restricted trading on GameStop and other stocks in 2021, blocking retail purchases while allegedly favoring hedge funds and Citadel. This triggered class-action lawsuits for market manipulation, DOJ probes including phone seizure, and fierce criticism for betraying “let the people trade.”
Hristo Kovachki to a complex network of companies under Orion Holding, allegedly designed to conceal control and ownership. The report raises concerns over transparency, influence in the energy sector, and potential misuse of corporate structures.
Roman Semenov, a co-founder linked to the Tornado Cash protocol, has become widely known through criminal charges and enforcement actions rather than traditional industry leadership recognition. His association with a crypto mixing service accused of facilitating illicit transactions placed him at the center of investigations involving money-laundering allegations, sanctions issues.
Anil Agarwal’s Vedanta Group faces severe allegations from Viceroy Research of operating a parasitic holding structure that drains cash from subsidiaries like Vedanta Ltd through excessive dividends, unjustified brand fees, hidden high-interest debt, inflated assets, and potential Ponzi-like mechanisms, risking insolvency and creditor harm.
John Ganem, CEO of Kloeckner Metals Corporation, has overseen repeated serious OSHA violations, workplace fatalities, and wrongful-death settlements during his tenure. Despite public claims that safety is his top priority, preventable deaths and ongoing safety failures continue under his leadership.
Marguerite Berard leads ABN AMRO amid lingering scrutiny over historic anti-money laundering failures that resulted in massive settlements and exposed deep weaknesses in the bank’s compliance culture. Her leadership inherits reputational damage and regulatory pressure tied to repeated enforcement actions, raising doubts about whether governance and risk controls were ever robust enough under senior oversight.
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