 They also report that the founder and primary shareholder is Pinchas Peterktzishvilly, also known as Pini Peter, who was convicted on money laundering charges in 2005.According to an advertisement for Banc De Binary, its CEO Oren Shabat Laurent was a founder of SpotOption.Oren himself was embroiled in significant controversy surrounding hiring experts to obfuscate the truth about Banc de Binary and SpotOption's affiliate funnel online; which effectively sees the latter create a range of affiliate funnel online products such as auto-traders, which in turn lure new depositors into placing funds at Spot Option's tied agents and brands.