About a year after binary options fraudster Lee Elbaz, the former CEO of Israel-based Yukom Communications, was sentenced to 240 months in prison, she is seeking to vacate the conviction. The Brief, filed earlier today by Elbaz at the Fourth Circuit U.S. Court of Appeals and seen by FX News Group, makes some rather startling claims. For instance, Elbaz insists that “she did not intend to commit fraud and she stopped fraud when she saw it at the company”. These claims, Elbaz says, would have been confirmed by her boss Yossi Herzog. He, however, did not show up to testify, as he was himself named among the defendants ... (full story)