Announcement: Launching the victim-driven EFRI NGO and a cybercrime fighting Whistleblower Program
The European Funds Recovery Initiative (EFRI) was founded in November 2018 by FinTelegram Investors Protection Ltd ("FinTelegram") together with auditors and lawyers. The original EFRI mission was to provide support to scam victims in recovering their losses. The former EY partner Elfriede Sixt was appointed as EFRI Principal. As an auditor and Certified Public Accountant, she has focused on FinTechs and is also an expert in forensic analyses in the field of accounting. Since its inception the EFRI mission has evolved along with the acquired information on victims, scams, and their perpetrators. Today, we are proud to announce the launch of EFRI NGO, a victim-driven vehicle to recover funds and fight cybercrime.