OneCoin lose Hong Kong bank account in 2 weeks
A fortnight ago we reported on OneCoin having lost their Italian bank account, and opening up new one in Hong Kong.
The Italian bank account was opened up with Banca Monte dei Paschi di Siena on or around September 21st. Twenty-four hours or so later and it was gone.
Now it appears the OneCoin’s Hong Kong bank account has also been closed.
OneCoin had opened up their Hong Kong bank account with China Construction Bank (Asia) Corporation Limited, under the shell company “Foshan Everbright Import & Export Company Limited”.
Ari Widell reports that upon learning of OneCoin’s Hong Kong bank account, he contacted the bank with money laundering concerns.
The bank responded swiftly and suggested that I’d better contact the Hong Kong police. I took the advise and forwarded the information to the police.
Earlier this week Hong Kong police got in contact with Widell and he provided them with further information.
I was asked by the police to provide more information and asked if I were a victim of this crime.
Well, I’m not a victim but I provided an info pack about the case and also informed about the ongoing police investigations in Sweden and in the U.K.
In the last twenty-four hours OneCoin have removed the China Construction Bank account from the affiliate backoffice, suggesting either the bank or Hong Kong police shut the account down. The account lasted just two weeks.
OneCoin’s longstanding accounts with United Overseas Bank (Singapore) and Bank of Africa (Tanzania) remain open.
Neither bank appears to be concerned with potential liability for turning a blind eye to money laundering and Ponzi fraud.
around july, 2016, onecoin opened an office in hongkong under the name of ‘ONECOIN SERVICES LTD’ at:
this is how an affiliate described the office:
if the hongkong police has shown ‘interest’ in onecoin perhaps they should be informed that onecoin runs an office there, which will make their investigation all that more easier. we have seen that many countries in europe cannot make much headway investigating onecoin as the company has no ‘formal’ presence there.
i suspect hongkong is the ‘neutral’ territory from where onecoin runs its booming business in china at an arms length. if hongkong falls, onecoin will find it difficult to sustain its market in china.
onecoin hongkong office tour:
youtube.com/watch?v=U4KeiTx1YpM
video of onecoin hongkong director fernando rys at a training session at the hongkong office on july 31, 2016:
youtube.com/watch?v=8FFndZ-VNi4&feature=youtu.be
i don’t know how easy it is to travel between mainland china and hongkong, but i suspect the ‘function’ room and ‘conference’ room at the hongkong office are for recruitment of chinese affiliates.
tom mcmurrain the convicted felon who secretly peddles onecoin in the US under the garb of the ‘new currency university’, has published a video on the 18th of october, 2016, explaining why onecoin is not a ponzi scheme.
he has been to prison for ponzi fraud, and yet does not seem to understand what a ponzi is, or is purposefully misleading potential onecoin investors.
apparently, because onecoin delivers it’s education package and a one time MLM commission, it is not a ponzi. well yeah, this is the 100% internal consumption of grossly overpriced ‘product’ which is the Pyramid Scam part of onecoin.
also he says, because onecoin is not ‘guaranteeing’ any returns and is not ‘obligated’ to purchase onecoins from affiliates, it is not a ponzi. but, guarantees are not required for a scheme to be a ponzi. an ‘expectation’ of returns which are paid from subsequent investments, is enough to be deemed a ponzi.
mcmurrain says onecoin has no autoship, so it is not a ponzi. i don’t know why he accents this point so strongly, as though the mere presence of autoship makes a scheme a ponzi!
a ‘one time’ purchase can equally make a scheme a ponzi. it is obvious that mcmurrain is just spouting nonsense with an air of authority, to lull potential investors who are increasingly reading about onecoin being a ponzi and are unsure about investing.
lastly mcmurrain says a straight faced lie, claiming that with the recent merchant app [the MAB], businesses around the world are signing up to ‘accept’ onecoins and with this ‘usability’ the ponzi argument is defeated. he says bitcoin and ethereum have not been able to figure ‘usability’ yet!
we now know that the MAB has no mechanism for transferring coins to merchants, and onecoin has itself said that merchants cannot accept coins till it goes public sometime in 2018.
and oh, to prove his expertise in the subject of ponzi schemes, in the initial part of the video he claims he’s had a ‘half a million dollar battle with the federal govt’ over a ponzi issue. he forgets to add this ‘battle’ ended with the federal govt throwing his sorry ass in jail for ponzi fraud!
OneCoin cult members have been sharing his videos with this same claim and “evidence” for a while. Repeating lies and nonsense doesn’t make it true.
Most interesting part of the video is where he says that onescam has made so many millionaires and even more “100K dudes”.
YET, never does he explain where does all that money come from then? If not from newly invested funds. It’s just full retarded video and I LMAO while watching it.
So many lies from Tom McMurrain.
One of the few things he actually told the truth about is that he definitely knows what a ponzi scheme is. As anjali noted, he’s a felon that bilked over 7 million dollars out of his victims.
bizjournals.com/atlanta/stories/2005/10/10/daily23.html
And he loves to peddle ponzis and pyramids… amlmskeptic.blogspot.com/2016/04/is-it-just-series-of-bad-judgment-or.html
The only time the public was safe from this guy was when he was in prison.
Unfortunately, he was set free to continue his scamming ways in January 2010
From the Federal Bureau of Prisons.. bop.gov/inmateloc/
Nobody with a lick of common sense should take this guy seriously.
I sign up as a new OneCoin affiliate.
I invest funds into OneCoin tokens at a price per token set by OneCoin.
OneCoin increases the internal value of the tokens and I put in a withdrawal request on my tokens.
OneCoin pay me a ROI with subsequently invested funds.
Until McMurrain explains how the above is not a Ponzi scheme, he’s full of shit.
@Anjali / Chris Bailey –
For the last month and a half or so, I have been compiling a kind of “Part 2” to the extensive report published HERE: news.bitcoin.com/beware-definitive-onecoin-ponzi/
That post is now at almost 170,000 views and has over 4,500 shares. The report would not be possible without Oz, Anjali, WhistleBlower, those who comment here, as well as others, like Ari, Ben Zmith (who is MIA) and others.
Anyway, I began putting together a HALL OF SHAME of top OneCULT Team Schemers like Labine, Boughey, the eurotrash leaders, and McMurrain, of course, as well as Grant Cardone TV. Last night I began to put together an analysis on McMurrain’s “We’re not a Ponzi” bullshit videos. It’s not 100% complete, but here it is:
Tom McMurrain, is a KNOWN PATHOLOGICAL LIAR and CONNIVING FELON who was CONVICTED OF ROBBERY in the form of FINANCIAL PONZI FRAUD and sentenced in U.S. COURT to serve over 5 1/2 YEARS in PRISON for guess what??? …..FOR RUNNING A PONZI SCAM and running off with everyone’s money!!!!!!!!!!!!!!!!!
THOMAS E. MCMURRAIN WAS ALSO ORDERED TO PAY BACK $7.5 MILLION DOLLARS(!!!!) IN RESTITUTION TO HIS VICTIMS!!!!!!!!
BUT, THERE’S MORE!!!!!!!!!!!!!!!!
To summarize Tom McMurrain’s… achievements:
1997-2000 Emergency One Loan, collateral high interest loan to desperate people that’s really a $9 million dollar ponzi scheme, escaped to Panama when the scheme collapsed
2000-2004 San Cristobal Land Development in Panama, a supposed teak and noni plantation investment opportunity, tried to silence local media reporting about it with criminal libel suits, arrested and extradited to the US at FBI orders to face charges for his Emergency One ponzi scheme
2005-2010 Spent 68 months in prison for PONZI FELONY FRAUD
2010-2012? “Gold member” in TVI Express pyramid scheme, actively recruited until it went bust
2012-2012 Participated in ZeekRewards ponzi scheme, registered domain name and website for it
2012-2015 Solavei rep, toured country in promotion until Solavei went kaput in 2015.
2014-???? Promoter of FlexKom, a suspect scheme (Report from UK, Report from Turkey)
2015-COLLAPSE Promoter of Onecoin, A WELL KNOWN Ponzi scheme out of Bulgaria
So, either Tom McMurrain is the most inept and unlucky business person in existence… being participants or instigators of at least SEVEN scams or failed ventures since 1997…
(Thanks to K. Chang for the above)
HERE IS THE COURT EVIDENCE!
offshorealert.com/forums.aspx?boardid=gjuuovlligwf&g=posts&t=38014
McMurrain is a compulsive LIAR and career CON-ARTIST who will be going back to prison very soon (or fleeing the country AGAIN as a wanted man)!
BREAKING DOWN MCMURRRAIN’S LIES:
1.) McMurrain claims that what Onecoin is selling is “Education Packages.” He says that OC is NOT a Ponzi because it does NOT require new money to pay off existing investors:
FALSE! (it’s commission based) and has a pyramid structure with enormous packages that do not even detail or justify any alleged “education” attached. Simply put, if no new money comes in, no one gets paid, and the scam collapses. The end.
Exhibit A: Carl Wilt at OC presentation in Florida:
PYRAMID IMAGE: behindmlm.com/wp-content/uploads/2016/07/carl-wilt-promoting-onecoin-florida-us-july-2016.jpg
Exhibit B: Same Event (true comparisson):
IMAGE: i.imgur.com/u4xfSNh.png
Exhibit C: Video Footage from that Event talking about how onecoin is AN INVESTMENT everything focuses around the “Tokens” with little to nothing on this so-called “Education.”
In fact it is clear to see that the ponzi pimps leading this Onecoin meeting must not have paid any attention to, or even read the “education,” themselves. They actually talk about “getting creative” with old people’s IRA’s”:
VIDEO: youtube.com/watch?v=BeyrR2JGLUs
2.) McMurrain says that the price is based on supply and demand and that the company does NOT “create the price” –
here is Ed Ludbrook stating otherwise!
VIDEO: youtube.com/watch?v=1wLNU8C-2-E
3.) McMurrain states that Onecoin does NOT offer “interest” payments. Oh really!?!
Official Onecoin Newsletter email received on: Monday January 11, 2016 states:
freshpickeddeals.com/onecoin.eu/onecoin-news-1061137
4.) McMurrain says that a cryptocurrency and Onecoin has a “fixed” and “finite supply” which can never be changed.
HERE is Ruja ignatova, herself, saying the same thing, BUT SAYING THAT ONECOIN’S FIXED AND FINITE SUPPLY IS EXACTLY 2.1 BILLION COINS!!!
Ruja herself understood that there are at least SOME “rules” of cryptocurrency. In light of the recent hyper-inflation of Onecoin on 2,100,000,000(.00000000) coins to an absurd 120B (with each coin alleged to be divisible to the 0.00000001 decimal point, for a grand total of 120,000,000,000,000,000,000.00000000 (divisible, allegedly, to the 8th decimal point) individual units [that is 12 QUINTILLION]), let’s consider those “RULES” in Ruja’s own words.
Please follow along in the video at the time stamp marked:
QUOTE: IN RUJA IGNATOVA’S OWN WORDS!!!
(January 29, 2015)
MUST SEE VID: CRYPTOCURRENCY HAS FINITE & FIXED AMOUNT (OC = 2.1B)!
youtu.be/UeCL_nneJgc
She goes on to say:
As stated, I’ve been working on releasing another HUGE trove to the crypto media, but as new info continues to pour in, consolidation has become daunting, and too expounded for a single media outlet to likely publish. So, I am breaking some of it down in pieces.
Being that Law Enforcement and Authorities around the globe are paying close attention and following BMLM and other sources now, here is the totality of the banking information I have painstakingly put together on ALL the KNOWN banking relationships, merchant service providers, or other claims (real or false) having to do with Onecoin’s history of Theft and Money Laundering:
1.) DSK Bank (Sofia Bulgaria) as One Network Services, Ltd. – this was their first bank (active through October 2015)
2.) NOOR Bank in Dubai – as One Coin Ltd – dates unknown (2015?)
3.) JSC Capital Bank in Georgia (the country) as One Payments Ltd. – opened Nov., ‘15/ Closed Dec. ‘15
4.) TD Bank (Canadian bank subsidiary based out the US [FL]) as One EUX LLC – opened Dec. 03, ‘15/ Closed Feb. ‘16
Toronto Dominion Bank in Canada – as One EUX, LLC. – dates unknown (Same as TD above?)
5.) LLOYDS TSB BANK PLC (U.K.) – dates unknown
6.) Onecoin Affiliates fraudulently claim that Onecoin purchased Hermes Bank in St. Lucia (Oct. 13, 2015)
7.) (BANKS?) Onecoin U.S. Rep. Sal Leto quotes Ruja stating that Onecoin is buying a US Bank and QUOTE: “(OneCoin) has acquired a hundred and eighty banking licenses, to legally own their own banks, their own branch and their own office, inside all one hundred and eighty countries that we operate in.” – Sept. 2015
1 OF 2 STILL ACTIVE:
8.) United Overseas Bank Ltd in Singapore – opened June 2016 (still active) as International Marketing Services Pte. Ltd.
9.) Onecoin Pre-Paid Mastercard Merchant Processor – The issuing merchant is identified as Zala-Group LTD, a “client” of North International Bank (Note: The card was suspended after the Director of Zala-Group Ltd., Martin Henry Beckett, was convicted in being part of a 24 million EURO drug smuggling operation in March 2016)
2 OF 2 STILL ACTIVE:
10.) Bank of Africa (T) Ltd. – as IMS Marketing Tanzania Ltd. (International Marketing Services Pte. Ltd.) – opened April 16, 2016)
11.) China UnionPay (Merchant Processor) Opened late 2014 / closed April 31, 2016
12.) New China UnionPay Intl. – Merchant Processor card approved – as One Net UPI (May 10, 2016).
Labine and other Onecoin affiliates go on record contending that, “We can now purchase goods and services using Onecoin!” However, China UnionPay Intl. issued a STATEMENT contesting this claim as being “inconsistent with facts.”
13.) HSBC Bank Building (Dubai), Al Suq Road, Bur Dubai – Dubai -United (opened july 2016) Active with daily withdrawals and 4 credit lines available.
all of these are directly connected to a top spokesman in Onecoin (Frank Rickets, I believe). Described as “brokering consult billing for account opening in trading precious metals with Forex platform and integration possibility in OneForex activities.” (closed[?] Sept. 2016)
14.) DBS Bank in Singapore – as International Marketing Services Pte. Ltd (unclear if this is part of #8 or not)
15.) Kreissparkasse Steinfurt Bank Germany (opened 2015 / closed March 25, 2016)
16.) Commerzbank AG (Germany’s 2nd largest bank) Opened March ‘16/ closed June 07, ‘16
17.) Deutsche Bank (Germany’s Largest bank) – as IMS International Marketing Services GmBH (a shell company OneCoin acquired when they purchased OPN Network’s affiliate-base).
NOTE: IMS (International Marketing Services) was a company owned by Frank Ricketts. Frank Ricketts who is now the CEO of OPN [formerly Unaico scam] and SiteTalk [social media side of both]) – opened June 09, 2016 / closed almost immediately after Germany announced they were conducting an investigation into OneCoin. By August 19th, ‘16, they were no longer with Deutsche Bank
18.) Banca Monte Dei Paschi Di Siena (Italian Bank) – as Educamax Services SRL Opened Sept. 20/16, closed Sept. 21/16 (ie., within 24 hr!)
19.) China Construction Bank (Asia) Corporation Limited, under the shell company “Foshan Everbright Import & Export Company Limited”. Opened around Oct. 4th, 2016, closed Oct. 19th, 2016
….And there we have it!
I have done my best to verify, describe, and document each of these (anyone is welcome to check my work). However, for various reasons, some of the information is “gray” on open/ close dates, etc. But, this should give Authorities a good idea of how they have been shut down, presumably under AML/ KYC/ SAR compliance issues, nearly every 45 days from one bank or the other, on average!
If Authorities are able to work together to extract further details from ALL of these banks concerning these accounts, I believe it will expedite their investigations and bring the scammers closer to justice and hopefully be able to shut down the operations sooner, rather than later, as the fall-out and repercussions continue to grow at an alarming rate while the Ponzi is still active.
Wow, great job Tim! This list alone is a BIG BLINKING RED FLAG.
Sorry Ken. The storm is just beginning to rise. You haven’t seen nothing yet…
At the rate OneCoin is going through banks, they will soon run out of countries and banks to launder money. LOL!
Bravo. Great job.
Great job Tim Tayshun! This is the kind of info that completely exposes the mega-fraud…
Those banking stats must have been a nightmare to compile. Good work.
@Tim
Lloyds UK bank only lasted a few weeks. Early March to Early April 2016
Thanks for the update on your OneCoin/OneLife investigation Tim. Great job!
The info on Tom McMurrain, one of the Ring-Leaders here in the USA, rises to the level of (dare I say it?) Whoop! Whoop! indeed.
By the way, I believe Kevin Foster (no small ponzi schemer himself) is the one who introduced Tom McMurrain to OneCoin. Now we know why Kevin is always building up and supporting Tom.
@Raf – RE: Lloyd’s Bank
Thank you for filling in the blank there! 🙂
On another note, Yasir Mirza, Ben Chiza and other scammer are planning a heist in Malawi, Africa in 4 days. It is not without notice, and not without the usual scammer history.
malawiindependentblog.com/2016/10/20/conman-ben-chiza-back-in-town-with-new-trick-team-up-with-others-to-swindle-malawians/
Was it not just last year, when OneCoiners were bragging about OneCoin buying their own banks and being licensed in 180 different countries?
@Rockfish – see above:
6.) Onecoin Affiliates fraudulently claim that Onecoin purchased Hermes Bank in St. Lucia (Oct. 13, 2015)
7.) (BANKS?) Onecoin U.S. Rep. Sal Leto quotes Ruja stating that Onecoin is buying a US Bank and QUOTE: “(OneCoin) has acquired a hundred and eighty banking licenses, to legally own their own banks, their own branch and their own office, inside all one hundred and eighty countries that we operate in.” – Sept. 2015
@Tim Tayshun, Impressive job!
Wanted to know Who the Senders of Withdrawals are.
So i got this from an affilate. It is during 2016:
Global Wire Ltd
UL.Draycott Avenue 2-B
HA OB Middlesex
GB
IMS International Marketing Service
Joseph-Konig-Str.33 48147 Munster
DE
silver oak media AG
One Payments Ltd,BG
12 Tsar Osvoboditel, Sofia
Bulgaria
@TimTayshun: related to #21, see direct Hyperlink to Posting: flashback.org/sp58782523
It might be useful to sign up on that forum and ask user “Complete Control” for the specific bank account numbers.
@Rel#22
I will ask if he/she wants to reveal that info…
OneLife announces payment delays.
facebook.com/photo.php?fbid=1221872297856112&set=gm.1209121059151967&type=3&theater
A new website seems to have just launched about 22 hours ago with an awesome logo: onecon.co.uk
When I clicked to save the logo and then went back it said:
It’s too new for Alexa ratings, but it is obviously getting A LOT of traffic 🙂 I waited and was able to access it again soon after.
Apparently it was created by a disgruntled former Onecoin Victim.
HERE are some Fun Excerpts I picked out, if its too busy to see yourself:
And finally:
There are a few other pages you can click into with other stories. Feel free to comment on the page and ask him to add any articles you may find relevant 🙂
Hi guys! It’s a little bit off topic, but I wanted to share with you something. Under OneCoin’s latest post on facebook (their OneCoin age), for the first time in history, I can see only negative comments (or somewhat negative). Things are becoming ugly…
ding ding!
the inevitable has started!
start your stopwatches, the ponzi crumbles.
ruja’s retirement + the announcement of supersplits soon after bangkok to attract fresh investments + the exchange being down for a fortnight before being started [with probably very few conversions of ponzi points to hard cash] + top recruiters like kari wahlroos etc on the road on a massive recruitment mission + payment delays = the end is Nigh!!
only idiots will invest in onecoin at this point.
This message ONLY appears once, you login 1 time you get it, next time you don’t lol…
We guess it’s not good for business …
Tom McMurrain is in London guys. I think there is some event happening somewhere in UK.
Check out live video posted on FB: facebook.com/muhammad.zafar.77736
Seems they are afraid to announce the place?
It just says “UK, central London”: onelifeevents.eu/en/events/uk-national-event
event on saturday 22/10/2016:
Grange Tower bridge hotel
45 prescot street,
London,
E18GP
1pm-5pm
This event: onelifeevents.eu/en/events/uk-national-event
He’s one of the featured speakers.
Interesting to note that the venue details are missing (well, besides the fact that it’s in Central London).
Was watching the McMurrain video and he “taught” people how to use email when Internet first came about???
Talk about a whopper a minute. Are people this naive to fall for this BS????
You mean they are not selling enough of the $225,000 Euro Packages???
Oh I see why their are payment delays…
Maybe they could just go for a MILLION DOLLAR PACKAGE and this way have some operating capital for …oooh…. a few days????
Ruja Ignatova – Onecoin the Future of PaymentsLike Page:
These two Events have been reported to Actionfraud,but im sure you can report to the Metropolitan Police as well.
onelifeevents.eu/en/events/super-saturday-training
content.met.police.uk/Site/reportingcrime
McMurrain strikes me as a deeply unpleasant wannabe intellectual type of conman, not very receptive to things he doesn’t want to hear. Like “Where’s the money?”
Read this for a laugh, from his NotReallyaPonziatAll “New Currency University” site:
coinlifestyle.com/blog/onelife-onecoin-just-aold-bitcoin/
This “article” is utter crap!
onecon site vs bitcoin.org? WHAT????
It’s like comparing BMW to Volkswagen (Audi, VW, Seat etc etc).
“BitcoinKiller”? I almost want to close this article, but for the fun of it, I’m reading it till the end.
Finally, why should anyone use onecon “cryptocurrency” instead of their regular one? I see NO advantages since it has no blockchain, it has no value and it can not be used.
Oh those idiots who get scammed by onecon. I almost feel sorry for them, but looking at mcmurrain’s FB comments… I do not. This has to stop.
I feel like we are just waiting for the KOOL AID man to come bursting through the Walls like the old commercials showed….
Everyone will have eventually drank TOO much and suffer a whopper of a HANGOVER until the Jail times come.
these scammy assfaces are not sharing this address on their FB pages. if onecoin is soooo legit according to them, why don’t they share the address openly?
anyway i have reported tom mcmurrains arrival and the venue for this meeting to actionfraud.police.uk :
also had a webchat with a police representative about this meeting, who informed me:
the Immediate response of the representative at my mention of onecoin indicates that they are probably getting lots of reports about this scam.
what about edward hartley of the US and peter shaw of ireland? are they coming for this event or are they avoiding the UK like kari wahlroos?
@anjali
Edward Hartley is expected to be there!
according to FB, hartley is currently in kuala lumpur, malaysia.
hartley made a quiet visit to UK last weekend and spoke at a recruitment meet organised by the islam brothers.
he has avoided today’s highly publicized event because he probably knows it’s been reported on.
i’m pretty sure today’s event is under police watch. tom mcmurrain and muhammad zafar are very stupidly brave or just so greedy that they don’t care about the risk. the things people do for a few bucks!!
so, the UK national event scheduled for 22nd oct did not happen.
kari wahlroos, edward hartley and peter shaw did not dare enter the UK and london.
tom mcmurrain [who’s spent so much time in jail that he isn’t afraid of the police anymore] turned up in london hoping to recruit fresh investors. to keep him busy the event organizer dr muhammad zafar threw together an ‘invitation only’ meeting of diamond level onecoin recruiters.
joby boughey also attended this event.
facebook, few hours ago:
mcmurrain, zafar and boughey are now going to ireland to gatecrash the recruitment event being held by kari wahlroos, because they need to save face and show they have things to do –
well, looks like these pissy pants wont be announcing any recruitment events in the UK anytime soon. they can have all the ‘secret meetings’ they want, they can build secret bunkers, and wear disguises and have a cool password [heil our mummy ruja!], as long as they keep their scammy asses out of public view in the UK.
some crackpot onecoin affiliate who has taken rujamama’s CryptoQueen title a tad too seriously has announced on FB:
now, we know ruja can scream ‘go,go,go’ at shutterstock blockchains and mine billions of coins in a minute or so, but who’d have thunk this incredibly talented mama can birth instant babies too!
is this the world’s first blockchain baby? is the ‘Know [who’s] Your Daddy’ information stored in this baby blockchain?
Accolades to the good investigative work by Oz & Behind MLM!!!
CREDIT WHERE CREDIT IS DUE!
mlmnewspages.com
Excerpt:
As the old saying goes….”Connect the dots”
(& More good stuff OneCULT memes are gonna have a tough time shaking off, which you can read for yourself)
I received an anonymous email and this is what it said:
@TIM T
HAHA How much? Coins or Euro?
The One Coin Scam is Trying to Land in Ireland from june-august 2016 The Dublimat Blogger Jaakko Vasankaris warning about OC.
23 questions.
Well, will Kari enter the stage? Just a few hours until the Dublin Event takes place. The Irish Garda is well informed.
dublimat.blogspot.nl/2016/06/the-onecoin-scam-is-trying-to-land-in.html
I think that bizarre theory has some legs.
I’ve been looking at the Brazil situation re extradition, remembering how Ronnie Biggs exploited that angle.
Brazilian child (by birth place) plus lots of money = pretty safe.
@tmfp – RE: bizarre but may have legs…
please expound on those implications/ reasoning (assuming the information may indeed be valid).
@TimTayshun
Some countries won’t extradite people suspected of crime in other countries if they have underage dependants.
onecoin recruiter asim jamil of the UK has posted videos of tom mcmurrian’s visit to dr muhammad zafars london office on his FB page.
this spacious office [i suspect newly bought with onecoin money] has rooms for one-on-one meetings and for group meetings which mcmurrain calls the ‘money room’.
this office is the recruitment headquarters for zafar’s huge downline in the UK and the whole world. it is appropriately called the ‘diamond club’ because getting to the diamond level is on the wish list of onecoin recruiters.
i guess when the london police indicts zafar as one of the topmost recruiters of onecoin in the world, this office will be seized.
towards the end of one of these videos mcmurrain quips [not exact quote]: i gotta get outta here because i heard they called the police and you know what that means!
for all the wisecracking about the police, it’s obvious that mcmurrain, zafar and his team are shitting their pants, and don’t dare to openly hold a recruitment event in the UK.
like your posts anjali.
A method how a OneCoin upliner can make a lots of cash fast and avoid all taxes etc:
1. An upliner finds a buyer for a big package, like the 225 530 EUR Super Combo package.
2. The buyer gives 225 530 EUR as cash for the upliner.
3. The upliner (who has lots of coins) buys a Gift Code with his OneCoins. He can buy the Gift Code for Super Combo with 451 060 OneCoins, so the currency rate is exactly: 1 OneCoin = 0.5 €.
Image: Buying Super Combo Package with OneCoins
4. The upliner gets 225 530 EUR as cash and used 451 060 coins from his coin account. The company gets here no real money but 451 060 OneCoins and a new member.
5. There are reportedly cases at least in Finland, where Tommi V has taken large amounts of cash, and arranged an account for a new member.
Good point WBF, it’s easy to forget that these schemes are very much designed to benefit the top layer of affliates, there isn’t a Mr Big necessarily.
A Crooks’ Co-operative in a way.
Is the option of financing a gift card with OneCoins available to everyone or just to the top brass?
451 060 OneCoins is pretty much worthless to the company (they claim to mine 50 000 every minute), but they will have to pay out a total of 50 % of 225 530 EUR in bonuses (direct 10 % bonus to the sponsor, network bonuses, matching bonuses) to the sponsor and his uplines.
It is available at the moment on the account I have access to. It’s not any upliner account. I have also seen in Gift card Youtube videos that sometimes the option to buy with OneCoins is not available.
I don’t think OneLife pays network bonuses from the Gift Code? I mean the upliner buys the code for himself first..
I found some videos of the London event.
For your entertainment, some quotes from Tom McMurrain’s presentation “The Power of One Thing”.
(sorry for shouting but I keep laughing about this).
About the Competition Ratio in the Algorithm of the OneCoin “blockchain”, apparently even this self-explained cryptocurrency expert has no clue what “Dr” Ruja is doing, but who cares as long as the OneCoin price goes up and up and up.
East London recruitement meeting:
That was sort of what I was trying to say.
There is no “company”. There is just a free for all opportunity for the top dogs to grab cash out of the pot in these ways.
When the day comes, there will be no money found in “Onecoin Inc.” It will have been disappeared by the Parhialas and others into various offshore accounts.
Yes, that is precisely what is going to happen.
I knew the smaller 100 and 500 Eur packages could be bought from your sponsor by handing them cash, and then the sponsor uses their backoffice cash balance to buy the gift card for you, which you then use to open your position.
In this way, the money then goes 50% into bonuses and 50% to Ruja and company.
It just strikes me as weird that the system also lets a nobody (i.e. not a member of any diamond team) hoard large sums of cash without giving a cut to Ruja.
Thecryptozine (Joby Boughey’s OC propaganda piece[?]) just published some new drivel.
Excerpt:
Joby Boughey is the owner of thecryptozine.com indeed.
You can see Dr. Muhammad Zafar’s presentation here: youtube.com/watch?v=d8BDpry6FuY
The Onelife.eu backoffice contains Legal Opinion documents of the five countries mentioned. The only topic is the OneLife Global Compensation Plan, the Ponzi tokens and “mining” Onecoin crab are not covered.
Some OneCoin cult members have been forwarding messages around that they’re not worried about the UK investigation:
Somehow in their warped Ponzi-fried brains, a paid legal opinion (many of which are not worth the paper they’re written on) will override investigations by official police and regulatory bodies.
1.) Onecoin is NOT a investment company… [sic …]
2.) …but hey Onecoin value going up dramatically
Was that all in the same breath??? Lol
the article starts off by claiming:
this ^^ appears to be a lie as far as i can see.
take a look at this photo of the event. does that look like 300 people?
facebook.com/photo.php?fbid=10154858248765166&set=a.13441745165.43531.654760165&type=3&theater
according to FB conversations this was a secret ‘invitation only’ diamond leaders event and not the open recruitment event which had initially been planned.
these lying gits know they are being watched and being reported on, and are just displaying [false] bravado and a ‘we don’t care about the police investigation’ attitude because their ego’s are bigger than their brains.
I reported the following event as “illegal/ fraud” to Eventbrite:
eventbrite.com/e/financial-freedom-conference-investing-and-benefiting-from-onecoin-tickets-28769737058
Same with this one:
eventbrite.nl/e/the-future-of-payments-holland-onecoin-city-tour-groningen-tickets-28722332269#listing-organizer
Really sad to see OneWhirled Foundation producing commercials for their fake charity front money laundering scheme:
youtu.be/LafP5xSET5Q
Could Authorities move more quickly if they focused on OWF, I wonder?
ken labine the onecoin big mouth from canada was supposed to hold his first recruitment event in edmonton on oct 22nd, 2016.
surprisingly, even 3 days after this event there is not a squeak from labine about it. he’s the kind of nutcase who would’ve burst onto FB going whoop!whoop! even if all of two neighbors showed up.
so this radio silence from labine regarding his event is befuddling. did he cancel the event or he is embarrassed no one showed up?
IIRC tim tayshun had reported this event to a regulatory body in canada. did labine get scared away by this complaint?
@Oz – CACHE THIS FIRST VIDEO QUICK!
The 1st YT link herein, hosted by “OneCoin & OneLife International” seems to be represented by one of the top several most trafficked OC pages on YouTube (next to the Steinkeller’s “OneDream Team” and official known OC/ OL primary pages) with nearly 3,000 subscribers and 1/4 million total views.
This YouTube page is also linked directly to the FB page of “Ruja Ignatova – Onecoin the Future of Payments” ie., @OneCoinRujaIgnatova – with 12,000 people having liked the page
LINKED HERE: facebook.com/OneCoinRujaIgnatova/
THIS POST IS COURTESY OF: Joe White, who 9 hrs ago reported and (or) observed the following incongruency:
QUOTE:
I see from OC’s latest re-release on FB, Ruja Ignatova’s Onecoin page, of the “HOW MININGS A COINS” video…
HERE: youtube.com/watch?v=FTUMeOXy4GM
….that they claim a server in the OVH data centre in Quebec, out of the 360,000 there. Very impressive, but what it has to do with mining is not clear.
And then I looked again. THE VIDEO ISN’T A ONECOIN VIDEO AT ALL!
They stole a four year old OVH vid and edited it! And stuck a crappy makeshift onecoin logo over it!!
ORIGINAL VIDEO: youtube.com/watch?v=4e97g7_qSxA
They couldn’t even bother to edit the music…
FAIL
Note: OVH (now modern) website is:
ovh.com/us/#xtor=CS1-23-[cmp-WLD-home]
Does anyone know more about Kenny Nordlund besides Site Talk? He’s bound for Sweden joining two sw.Scammers.
onelifeevents.eu/en/events/super-saterday
Ken Labine has been MIA for a while now.
Here are the links to the downloadable “legal opinions” and the latest “audit report”:
audit-report-june-2016
legal-opinion-norway-august-2016
legal-opinion-italy-august-2016
onelife-legal-opinion-sweden-july2016
onelife-legal-opinion-germany-june2016
onecoin-legal-opinion-bulgaria-november2015
onecoin-legalopinion-germany-june2015
onecoin-legalopinion-september-2014
It looks nowadays we can really buy everything….
well y’know onecoin will probably come out with an explanation that this video was just for ‘representational purposes’. just like they claimed the shutterstock video was not really their blockchain but was used for ‘representational purposes’.
the world is so full of bitcoin lovers&onecoin haters that ruja has to keep her 360,000 servers safely hidden away. i mean, what if all y’all bitcoin people get all jealous and decide to crash her server farm?
Apparently the venue for tonights meet has been changed to Novotel hotel,
7 Western Gateway,
Royal Victoria Dock,
London
E16 1AA
with guest speaker Florian Anders.from Germany.
Sat 29th October 2016 7.00pm
i updated the information to actionfraud.police.uk giving them my previous reference number.
the new ref no is:
the meeting is just a few hours away and there is no way of knowing whether the police will act on the information provided, but considering that onecoin is already under police investigation the risk of police intervention becomes high.
that florian anders or whoever is really pushing his luck in a foreign country!
Wouldn’t you know it? Its the Mexican “Reporter-looking” Lady who broke the news about Ruja’s immaculate conception, or birthing, or anchor-baby, whatever in an interview just prior to the (Criminal) Mastermind Event, where Onecoin revealed the old looped Shutterstock video, calling it “NEW!” (Oh, and also referring to it as their “blockchain”).
Anyway, she isn’t a reporter at all! She’s a “Diamond” in the OC Ponzi Club and she’s hunting for new VICTIMS this Tuesday, in Mexico, if anyone who speaks Spanish can convey this to local authorities:
More info here: allevents.in/miguel%20hidalgo/onecoin-onelife-méxico-con-mariana-lópez-de-waarddiamante-azul/357401767984498
I got the impression from the first glance that López De Waard is a ponzi pimp.
There’s also a text “Diamond One Life” before the interview starts. She’s also visible on several posters appointing her as a onecoiner so I don’t think that they were deliberately giving an impression that she’s a reporter.
Regular East London tuesday meeting:
@TimTayshun: you can add #20 to the list of Bank Accounts, or in fact #2 if we look at the sequence.
Sources: realscam.com/f9/onecoin-eu-ponzi-scam-3368/
Post 9 June 2015: Facebook Henrique Coaching Mmn facebook.com/321270608078575/photos/a.321270648078571.1073741826.321270608078575/369464943259141
Post 5 November 2015: behindmlm.com/mlm/regulation/finlands-nbi-to-continue-monitoring-onecoin/
This is the predecessor of #2 in your list the NOOR BANK account, because all announcements of NOOR BANK contain this text “We no longer accept payments in Mashreq bank account”.
@Mike R – excellent find!! Thank you. Added 🙂
I have been following Onecoin over four months and I can see Onecoin is scamming the Vietnamese people with million of dollars.
So sad to see these poor people in Vietnam and here in the US have sold their businesses and life savings to buy Onecoin education package and in hope to be millionaires because they think Simon Quoc Hung Le is an honest man selling their hopes and dreams that their worthless coins will increase value next year or so from 6.97 euro to 35euro or more.
2016 Simon Le and his 35+ Diamond leader are heading to Singapore and Australia to scam his own Vietnamese people in these countries. He and his team will going after Canada market in 2017.
alvintube.xyz/onecoin-sacramento-event-part-2.html
youtube.com/watch?v=Q4lMTfjKNMU
Currently, he and his team have open office in California, Texas, Florida and many other cities to lure more Vietnamese victims. I hope these Vietnamese people would wake up and smell the dead fish like Formosa is doing in their country.
I hope any new Vietnamese thinking about putting their hard earned money would read behindmlm and follow their guts not at their friends or relatives.
@Mike R (comment #58):
See official FAQ under: What Is Cryptocurrency? (See paragraph 2)
Source: onecoin.eu/en/faq