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Russia Detains Israeli-Canadian Racing Driver Wanted for US Fraud

Joshua Cartu, linked to a multimillion-dollar binary options scheme, faces potential charges under Russian law.

  • Joshua Cartu was arrested at Pulkovo airport in St. Petersburg on August 19.
  • Cartu is accused of defrauding investors through an illegal online stock trading scheme from 2013 to 2018.
  • The US Commodity Futures Trading Commission issued a statement in May 2020 detailing the fraud allegations.
  • Cartu's foreign passport complicates potential extradition to the United States.
  • His arrest follows a major prisoner swap between Russia and the West last month.
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