MacroCoin scammers threaten legal action over review
A few days ago BehindMLM published a review of MacroCoin.
Seemingly run by individuals involved in the ByXpress, Coins Race and MCoin scam, suffice to say our review was less than flattering.
As per the MacroCoin website, the company is run by UECB Group (click to enlarge):
Simon Karakas serves as MacroCoin’s CEO and Rok Potocnik as a “Senior Executive” (click to enlarge):
Based on analysis of MacroCoin’s business model (compensation plan), we concluded it was a combination of pyramid recruitment, Ponzi fraud and unregistered securities.
The folks over at MacroCoin aren’t to happy with that and have since threatened BehindMLM with legal action.
Earlier today I received an email from “IMP Legal Department”;
To whom it may concern,
Please remove the invalid content you have written in regards to the company called macrocoin immediately.
This company you are referring to is not our company and the affiliation in your posting is invalid and I would like to report it.
This will be your first warning to remove this content immediately or we will have to proceed further legal action.
Mcoin is not MacroCoin they are totally different companies.
Byxpress is not associated with this company in any way possible.
Furthermore, there is no MLM with MacroCoin it is not an MLM company.
Please obtain your correct information prior to posting false content on the web.
Please remove content regarding Simon Karakas and Rok Potocnik you do not have permission to use their name.
Please email once this is done you have 24 hours to remove this posting.
At first I thought this might be another MacroCoin company unhappy with our review of the altcoin scam, but then I saw the reference to Simon Karakas and Rok Potocnik.
No, these were the same scammers behind the MacroCoin I reviewed… only it looked like they were denying the patently obvious.
As to the specifics of the email, BehindMLM’s MacroCoin review never claimed MCoin and MacroCoin were the same company.
MacroCoin and UECB Group are directly referenced in a compensation plan document branded “International Marketing Program”.
The rest of the compensation plan documentation was the basis for our MacroCoin review and is clearly MLM.
I didn’t include the two MacroCoin website screenshots included at the beginning of this article or the International Marketing Program compensation plan in our MacroCoin review. Usually I don’t have to, as companies don’t typically deny information they themselves have published.
Confident that this information would prove there was nothing false about BehindMLM’s MacroCoin review, I forwarded the two screenshots and compensation plan back to IMP Legal Department.
Y’know, just incase MacroCoin wasn’t aware of its own compensation plan or who they were claiming was running the company.
I thought that’d be the end of it, as the evidence was pretty solid.
To my surprise though, IMP Legal Department ignored the evidence and doubled down on their claims;
As you can clearly see if you were competent enough to realize the content you are posting is not correct. MACROCOIN is not an MLM based company. So again I would suggest you remove the incorrect content you have posted as it is not valid.
In fact we have no issues you posting things – if they were a valid reflection of what the company is but I will have to report your site and have it shut down along with alerting GOOGLE of the posting of content without proper acceptance from the parties.
MACROCOIN is not MCOIN they are totally TWO different coins along with companies. So again OZ. I would suggest you reconsider your motive here.
If you wish to obtain a full detailed description of the MLM you wish to post about I would gladly have the parties contact you.
I ask you kindly to remove the invalid and misleading content you have posted. I have no issues making sure your site is removed off the internet along with a charge to the owner of the site.
Huh? How is the content I’m posting, which is based on the content MacroCoin themselves published, “not correct”?
Left scratching my head (and at this point realizing I probably wasn’t dealing with the sharpest tools in the shed), I replied with the following;
Simon Karakas was involved in MCoin through Coins Race (ByXpress).
The review doesn’t state MCoin and MacroCoin are the same company. Only that Karakas is/was involved in both.
As for it not being an MLM company. Please see the attached MLM compensation plan for MacroCoin.
Kindly stop wasting my time. I have archived all of the evidence the review is based on for reference by authorities or a court of law.
IMP Legal Department’s response was brief and once again ignored the supplied evidence;
Thank you for your time. As I stated your content is false and misleading. I will proceed with this legally.
I replied that despite having three opportunities to do so, IMP Legal Department had failed to provide any evidence to the contrary.
Simon Karakas IMP Legal Department all the best and informed them I intended to publish our correspondence.
And so here we are. I don’t typically share the legal side of BehindMLM but I felt this particular example was bizarre enough to warrant a writeup.
Somewhat curiously, the IMP Legal Department sent their email not from the MacroCoin domain but from “imp.gs”.
This domain was first registered back in mid 2014 and recently updated in November of 2016.
Kepler Terra are listed as the domain owner through an address in Hong Kong. There’s no content on the domain itself.
Kepler Terra also own the domain “ocfpool.com”, which appears to coincide with MacroCoin’s OCF Shares offering. At the time of publication the OCF Pool website is nothing more than an affiliate login form.
Kepler Terra themselves have a website over at “keplerterra.com”.
Kepler Terra (KT) means one who discovers a new world and nurtures new lives.
In other words, KT as role of a business accelerator helps creative and innovative entrepreneurs from “seed” stage along to “growth” stage with its rich experience of years as well as solid abilities in financing, management, marketing, etc.
We have also launched an incubation programme as we wishes to coordinate with those innovative teams and enterprises who possibly can execute the ideas of changing the World, giving better life to global community. A new world is ready to come.
To what extent Kepler Terra is involved in MacroCoin, UECB Group or International Marketing Program is unclear.
What is clear though is someone over at MacroCoin doesn’t want anyone to know the inner workings of their little scam until they’re ready to go public.
Awesome headline 🙂
coinmarketcap lists two cryptocurrencies of similar names;
– macrocoin [MCR]
– macro [MACRO]
the screenshot of the compensation plan [above in the article] talks about MACRO’s and not macrocoins [MCR].
if simon karakas&co are selling MACRO via MLM, it may explain why they are upset about being associated with macrocoin [MCR].
the name ‘macro the crypto’ is being associated with simon karakas:
The MacroCoin and UECB Group logos on the comp plan are the same as on the MacroCoin website.
They refer to the coin as “Macro”, same as “OneCoin” and “One”. For practical purposes though One == OneCoin / MacroCoin == Macro.
this is the right coin:
Macro [MCO] is not present on coinmarketcap yet I think..
Simon was “head” of CoinsRace, right? Which was his link to “Mobile Coin” or is that same as MCoin?
There’s talk that he’s link to LeoCoin but I can’t find the references.
Check out this article using Google translate: piramida.finance.si/8820277
Potočnik and Karakeš invented LeoCoin and sold it over to Anderssen, previously with Unaico/Sitetalk.
Karakas always tries to scare with some legal shit action 🙂 but what u get is a shitcoin haha.
So Potočnik and Karakaš have been developing MLM pump & dump altcoin scams since LeoCoin (early 2015).
No wonder they’re pissed the MacroCoin cat is out of the bag…
Karakas just trying to succeed in ponzi pimp show. Some actuall do… But not him, like they say, you need smtng special 🙂 that really must hurt, o why o why Simonće 🙂
Re: Simon Karakas and Susan Barth Mayer
read more: crypto-whistleblower.blogspot.com/2016/11/simon-karakas-scam_6.html
May I know the current situation regarding this issue ? I was once part of these person life and I can confirm a lot of things regarding some of the things you wrote in here.
Nothing to date. Usual Ponzi huff and puff.
Scammers can’t defend Ponzi business models in court any more than they can here.
I was doing some research and his name keep pop out in any scammer related article … Haha Of course the usual Simon Karakas and his bullshit.
Sad to see Rok still willing to be part of it after what happen with SiteTalk/Unaico and LeoCoin, but I guess that’s what exactly his intention I don’t know and I will never know, since throughout our marriage he always play innocent and the victim ..
yup, I’m his ex-wife lol. Anyway take my word for it and I don’t mean it to sound like a salty ex-wife but anything so called “Money Making” that affiliated with Simon Karakad is a risk and don’t worry about exposing his money laundering activities if you got the evidence he is all talk I witness it countless of times …
Good job on the article BTW.
its nice to have you here, as you mentioned he always pretend to be the Victim, he actually is a pure scammer, I shall say your the lucky one to get out of his life.
I`m a very close friend of his current wife (no name), and believe me she also waiting to depart from this circus.
I know who his current wife is 🙂 we are finalizing our divorce when she is pregnant with their baby girl.
I Feel for her trust me I been in her place probably even worst, I hope for the best but I don’t think that arrogant son of a capital B will change.
It’s not worth it she’s a beautiful and smart woman she deserve better not that liar.
Believe me he probably using her to do some shady business in Hong Kong. He try to use me but I never a believer or supporter in what he always preach.
Rok once told my ex brother in law that Simon regret to be in relationship with me because I was not what he expected .. He probably expect some Asian woman to give him access to their country to scam people I don’t know I’m just guessing but my instinct never wrong.
SIMON DID IT AGAIN, A NEW WAVE OF BLOOD SUCKIGN MLM SCAM, GSA IN FULL FORCE.
If the premise of MacroCoin sounds familiar, it’s because it’s basically a rehash of what went down with Coins Race and MCoin.
Here’s how Simon Karakaš himself pitched MCoin:
The problem with this model is that it’s ass-backwards.
MLM altcoin companies who adopt this model roll out a worthless cryptocurrency, backed by nothing more than hypey marketing.
You know what I’m talking about; “Missed out on bitcoin? We’re gunna be the next bitcoin!” and so on.
The reality is the only money made is during the initial investment phase. Once affiliate recruitment slows down affiliates realize all they’ve paid thousands for is just another worthless altcoin.
The company who sold them the coins struggles to do anything meaningful with it, as legitimate businesses aren’t interested in using a currency backed exclusively by speculative investors.
The general public also never adopts MLM altcoins for the same reason:
Why would anyone pay inflated prices for an internal currency that has no legitimate real world application?
This has already played out with MCoin and MacroCoin is not going to be any different.
Purely from an MLM perspective, MacroCoin is a combination of Ponzi fraud (trading via the MacroCoin internal exchange), unregistered securities (OCF shares) and pyramid recruitment (referral commissions on packages).
Pay to play is also a strong component of the compensation plan, particularly with Co-Founder package investment.
In summary; all facets of MacroCoin are controlled by UECB Group, who one way or another were probably also behind the development of MCoin.
The only thing you as a MacroCoin affiliate can control is how much money you want to lose by investing.
MacroCoin ? Are u kidding me ? Just Macro. Its a token which work on Ethereum blockchain. U can check it on Etherscan.io and who dont believe in it, its on public exchange livecoin.net
In this article isnt any fact but i have a lot of proofs and facts why is Macro a real cryptocurrency
(Ozedit: Attempt to take discussion offsite removed)
MacroCoin is the name of the MLM company. Do your homework son.
The issue isn’t whether Macro is a real cryptocurrency, it’s that it’s another pump and dump scam launched by serial scammers.
very true dear Oz and people such as the commenter above will only learn when his investment is gone into a nice Lamborghini for Mr. Simon. 🙂
I was invited for Macro presentation, is Macro also related to this Simon?
If it’s do to with the Macro cryptocurrency then yes.