OneCoin @ BehindMLM

FBI celebrates Frank Schneider’s arrest, thanks French police

The FBI are feeling confident about Frank Schneider’s arrest. Two days ago two FBI agents arrived in the French city of Nancy. The reason for the visit was to ‘thank French investigators SRPJ and the BRI after the arrest in April 2021 in Meurthe-et-Moselle of‘ Frank Schneider.

German OneCoin money laundering case approved

As I’m used to covering US legal proceedings, how indictments play out in Germany is a little strange. But bear with me. Last November three OneCoin money launderers were indicted. Those indictments have now been approved by a District Court in Munster, paving the way for a criminal trial.

OneCoin distances itself from Ukraine govt partnership fraud

Keeping with the tradition of throwing its affiliates under the bus at the first sign of trouble, OneCoin has distanced itself from Ukraine government partnership claims.

OneCoin featured in Netflix’s Money: Explained series

Episode one of Netflix’s new Money: Explained mini-series features OneCoin and BitConnect. Both are MLM Ponzi schemes that bilked investors out of billions of dollars.

Sebastian Greenwood rejects plea deal, tons of new evidence

Two interesting updates have come from a May 27th Status Conference in Sebastian Greenwood’s criminal case. The first update is that efforts to negotiate a pre-trial disposition of the case have thus far been unsuccessful. As explained by prosecuting DOJ attorney Nicholas Folly;

Ukraine govt denies cooperation with OneCoin & OneLife

Late last year OneCoin scammers began pushing the narrative that the Ukrainian government had entered into cooperation with the Ponzi scheme. Yesterday the Ukraine government issued an official statement, denying any partnership with OneCoin.

How Dubai’s authorities blessed OneCoin’s money laundering

Around the same time US authorities began looking into OneCoin, Dubai’s General Department of Criminal Investigations raised money laundering concerns. How the parallel investigations concluded however, couldn’t be any more different.

Entry of default recorded against OneCoin, Ignatova & Armenta

Class-action defendants OneCoin, Ruja Ignatova and Gilbert Armenta have had entries of default recorded against them.

Sheik Saoud sold Ruja Ignatova a Ponzi bank license

As part of Ruja Ignatova’s quest to sidestep finance regulations and avoid regulatory attention, Sheikh Saoud bin Faisal bin Sultan Al Qassimi sold her an Emirates banking license. The deal took place in September 2015 for $16 million USD.

Kuwait linked OneCoin & Ruja Ignatova to “terrorist groups”

A report from Kuwait’s Ministry of Interior alleges ties between OneCoin, Ruja Ignatova and “terrorist groups”. The leaked 2015 report, put together by the MOI’s Criminal Investigation General Department and marked “extremely confidential”, identifies Ignatova as