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.