OneCoin @ BehindMLM

Mark Scott requests OneCoin sentencing be delayed indefinitely

In an endorsed memo filed on March 18th, convicted OneCoin money launderer Mark Scott has requested his sentencing be delayed indefinitely.

Konstantin Ignatov released from prison on $500,000 bond

OneCoin CEO Konstantin Ignatov is scheduled to be sentenced on May 14th, 2021. In the meantime, a January 28th filed appearance bond reveals Ignatov has been released on a $500,000 surety.

OneCoin scammer’s epic Ivonne Ortiz prison meltdown

Following Ivonne Ortiz’s five year prison sentence, OneCoin held a OneLife DealShaker event in Ecuador. Speaking at the event was Raul Pazos Medina, who spent thirty minutes shouting at investors in attendance.

Armenta’s OneCoin class-action lawyers gone in just 3 weeks

On January 28th, attorneys from the law firm Krantz & Berman LLP put in a notice of appearance for Gilbert Armenta. Armenta is a defendant in the OneCoin victim class-action. On February 16th,  just shy of three weeks into representing Armenta, the Krantz & Berman LLP attorneys have withdrawn.

Samoan church officials stole millions, put it into OneCoin

Through a web of financial mismanagement and corruption, officials of the Samoan Independent Seventh Day Adventist church in New Zealand stole millions from its congregation. A lot of the stolen money was pocketed by the officials themselves. The rest was  ploughed into OneCoin and other fraudulent investment schemes.

OneCoin promoter in Ecuador sentenced to five years prison

A OneCoin promoter in Ecuador has been sentenced to five years in prison. Ivonne Ortiz was a prominent promoter of the OneCoin Ponzi scheme in Ecuador. Ortiz featured in official OneCoin marketing material, appearing to be pretty high up the food chain.

Second OneCoin conviction in Singapore = 6 mths prison

A second OneCoin promoter in Singapore has been sentenced to six months in prison. Terence Lim Yoong Fook will also have to pay a $210,000 SGD ($158,603 USD).

Two more arrests in Argentinian OneCoin crim case

Authorities in Argentina have made two more arrests as they pursue OneCoin promoters across the country.

More victims come forward in Argentinian OneCoin crim case

More OneCoin victims have come forth in Argentina, potentially adding weight to the criminal case.

8 OneCoin Ponzi scammers arrested in Cordoba, Argentina

Authorities in Cordoba, a city in central Argentina, have arrested eight promoters of the OneCoin Ponzi scheme. Among those arrested is Edgar Moreno, a well-known local radio and television presenter.